Penang
Barat Daya
9
BANDAR BARU TELUK KUMBAR

BANDAR BARU TELUK KUMBAR

Area Intelligence

2022

Median Price

RM 157,500

PSF: RM 301

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Residential PSF Trends

Median Price

RM 155,000

PSF: RM 297

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 18 subsale transactions in 2022, with a median price of RM 158K and a median price per square foot (PSF) of RM 301.

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 158K, with most transactions falling within a stable range of RM 330K to RM 177K, and a typical market range of RM 330K to RM 268K.

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

For price per square foot, the median is RM 301, with most transactions between RM 284 and RM 319. The usual range is RM 276.07 to RM 326.82, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 18, 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

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	PSF	Size	Date	Type

1,100 sqft

Flat

1,100 sqft

Flat

RM 380,000

Level 3

1,076 sqft · RM 353 PSF

Sep 2022

RM 370,000

Level 12

1,076 sqft · RM 344 PSF

Jul 2022

RM 330,000

Level 7

1,076 sqft · RM 307 PSF

Apr 2022

RM 370,000

Level 10

1,080 sqft · RM 343 PSF

Feb 2022

Level 3	RM 380,000	RM 353	1,076 sqft	Sep 2022
Level 12	RM 370,000	RM 344	1,076 sqft	Jul 2022
Level 7	RM 330,000	RM 307	1,076 sqft	Apr 2022
Level 10	RM 370,000	RM 343	1,080 sqft	Feb 2022