BANDAR BARU TELUK KUMBAR

Area Intelligence
2024
Median Price
RM 300,000
PSF: RM 316

Residential PSF Trends

Median Price

RM 295,000

PSF: RM 312

Commercial PSF Trends

Median Price

RM 800,000

RM 572 PSF

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 15 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 316.

This area contains both residential and commercial properties. View 55 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 300K to RM 339K, and a typical market range of RM 300K to RM 410K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 316, with core pricing between RM 280 and RM 352. Market pricing typically extends from RM 290.63 to RM 341.38, reflecting moderate variation in unit pricing. With an IQR of RM 50.75 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU TELUK KUMBAR, Barat Daya, Penang

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Transactions

6 transactions grouped by size

1,100 sqft
Flat
RM 380,000
Level 3
1,076 sqft · RM 353 PSF
RM 340,000
Level 9
1,076 sqft · RM 316 PSF
RM 330,000
Level 11
1,076 sqft · RM 307 PSF
RM 300,000
Level 3
1,076 sqft · RM 279 PSF
RM 370,000
Level 10
1,076 sqft · RM 344 PSF
RM 420,000
Level 4
1,076 sqft · RM 390 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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