BANDAR BARU TELUK KUMBAR

Area Intelligence
2023
Median Price
RM 360,000
PSF: RM 334

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 334

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 7 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 360K and a median price per square foot (PSF) of RM 334.

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 360K, with most transactions falling within a stable range of RM 336K to RM 384K, and a typical market range of RM 330K to RM 400K.

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

For price per square foot, the median is RM 334, with most transactions between RM 312 and RM 357. The usual range is RM 309.08 to RM 359.83, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 23, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

BANDAR BARU TELUK KUMBAR, Barat Daya, Penang

OSM

Track location

Property Transactions

7 transactions grouped by size

1,100 sqft
Flat
RM 340,000
Level 6
1,076 sqft · RM 316 PSF
RM 380,000
Level 10
1,076 sqft · RM 353 PSF
RM 330,000
Level 1
1,076 sqft · RM 307 PSF
RM 390,000
Level 3
1,076 sqft · RM 362 PSF
RM 360,000
Level 2
1,076 sqft · RM 334 PSF
RM 350,000
Level 5
1,076 sqft · RM 325 PSF
RM 400,000
Level 6
1,076 sqft · RM 372 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access