BANDAR BARU TELUK KUMBAR

Area Intelligence
2024
Median Price
RM 150,000
PSF: RM 297

Residential PSF Trends

Median Price

RM 150,000

PSF: RM 297

Commercial PSF Trends

Median Price

RM 820,000

RM 586 PSF

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 150K and a median price per square foot (PSF) of RM 297.

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 150K, with most transactions falling within a stable range of RM 140K to RM 168K, and a typical market range of RM 140K to RM 190K.

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

The median PSF stands at RM 297, with core pricing between RM 261 and RM 333. Market pricing typically extends from RM 271.63 to RM 322.38, 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

500 sqft
Low-Cost Flat
RM 150,000
Level 3
506 sqft · RM 297 PSF
RM 180,000
Level 2
506 sqft · RM 356 PSF
RM 140,000
Level 3
506 sqft · RM 277 PSF
RM 150,000
Level 4
506 sqft · RM 297 PSF
RM 190,000
Level 2
506 sqft · RM 376 PSF
RM 150,000
Level 4
506 sqft · RM 297 PSF

No Properties For Sale

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

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