Penang
Barat Daya
9
BANDAR BARU TELUK KUMBAR

BANDAR BARU TELUK KUMBAR

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 344

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 334

Commercial PSF Trends

Median Price

RM 830,000

RM 593 PSF

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 8 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 344.

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 370K, with most transactions falling within a stable range of RM 330K to RM 526K, and a typical market range of RM 330K to RM 480K.

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

Price per square foot shows a median of RM 344, though individual units vary from RM 257 to RM 430 in the core range. The broader market spans RM 318.13 to RM 368.88, indicating diverse property characteristics. A wider spread (IQR: RM 50.75) and deviation (MAD: RM 87) 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

8 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

Custom Range

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Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Flat

1,100 sqft

Flat

RM 340,000

Level 6

1,076 sqft · RM 316 PSF

Dec 2023

RM 380,000

Level 10

1,076 sqft · RM 353 PSF

Dec 2023

RM 330,000

Level 1

1,076 sqft · RM 307 PSF

Jul 2023

RM 390,000

Level 3

1,076 sqft · RM 362 PSF

Jun 2023

RM 360,000

Level 2

1,076 sqft · RM 334 PSF

Mar 2023

RM 350,000

Level 5

1,076 sqft · RM 325 PSF

Feb 2023

RM 400,000

Level 6

1,076 sqft · RM 372 PSF

Feb 2023

Level 6	RM 340,000	RM 316	1,076 sqft	Dec 2023
Level 10	RM 380,000	RM 353	1,076 sqft	Dec 2023
Level 1	RM 330,000	RM 307	1,076 sqft	Jul 2023
Level 3	RM 390,000	RM 362	1,076 sqft	Jun 2023
Level 2	RM 360,000	RM 334	1,076 sqft	Mar 2023
Level 5	RM 350,000	RM 325	1,076 sqft	Feb 2023
Level 6	RM 400,000	RM 372	1,076 sqft	Feb 2023