BANDAR BARU TELUK KUMBAR

Area Intelligence
2021
Median Price
RM 380,000
PSF: RM 353

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 334

Commercial PSF Trends

Median Price

RM 840,000

RM 601 PSF

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 5 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 353.

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 380K, with most transactions falling within a stable range of RM 330K to RM 619K, and a typical market range of RM 330K to RM 490K.

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

Price per square foot shows a median of RM 353, though individual units vary from RM 219 to RM 487 in the core range. The broader market spans RM 327.63 to RM 378.38, indicating diverse property characteristics. A wider spread (IQR: RM 50.75) and deviation (MAD: RM 134) indicate significant PSF variations, likely due to diverse property types or conditions.

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

5 transactions grouped by size

1,100 sqft
Flat
RM 330,000
Level 8
1,076 sqft · RM 307 PSF
RM 380,000
Level 10
1,076 sqft · RM 353 PSF
RM 360,000
Level 12
1,076 sqft · RM 334 PSF
1,400 sqft
Double Storey Shop
RM 880,000
TINGKAT TELUK KUMBAR 2
1,399 sqft · RM 629 PSF
RM 800,000
TINGKAT TULUK KUMBAR
1,399 sqft · RM 572 PSF

No Properties For Sale

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

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