BANDAR BARU TELUK KUMBAR

Area Intelligence
2024
Median Price
RM 370,000
PSF: RM 344

Residential PSF Trends

Median Price

RM 355,000

PSF: RM 330

Commercial PSF Trends

Median Price

RM 800,000

RM 572 PSF

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 9 subsale transactions in 2024, 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 290K to RM 578K, and a typical market range of RM 290K 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 254 to RM 434 in the core range. The broader market spans RM 318.63 to RM 369.38, indicating diverse property characteristics. A wider spread (IQR: RM 50.75) and deviation (MAD: RM 90) 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

9 transactions grouped by size

1,100 sqft
Flat
RM 380,000
Level 3
1,076 sqft · RM 353 PSF
RM 290,000
Level 2
1,080 sqft · RM 269 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
1,400 sqft
Double Storey Shop
RM 800,000
TELUK KUMBAR
1,399 sqft · RM 572 PSF
1,950 sqft
Double Storey Terraced
RM 875,000
SOLOK KAMPUNG PAYA
1,948 sqft · RM 449 PSF

No Properties For Sale

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

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