BANDAR BARU TELUK KUMBAR

Area Intelligence
2024
Median Price
RM 355,000
PSF: RM 330

Residential PSF Trends

Median Price

RM 355,000

PSF: RM 330

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 6 subsale transactions in 2024, priced between RM 300K and RM 750K, with a median price of RM 355K and a median price per square foot (PSF) of RM 330.

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 355K, with most transactions falling within a stable range of RM 316K to RM 394K, and a typical market range of RM 300K to RM 420K.

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

The median PSF stands at RM 330, with core pricing between RM 294 and RM 366. Market pricing typically extends from RM 304.44 to RM 355.19, 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. 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

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.

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