Bandar Baru Teluk Kumbar
Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 12
|
RM 315,000
|
RM 293
|
1,076 sqft
|
|
|
|
Level 4
|
RM 320,000
|
RM 297
|
1,076 sqft
|
|
|
|
Level 13
|
RM 320,000
|
RM 297
|
1,076 sqft
|
|
|
|
Level 6
|
RM 320,000
|
RM 297
|
1,076 sqft
|
|
|
|
Level 2
|
RM 290,000
|
RM 269
|
1,080 sqft
|
|
|
|
Level 3
|
RM 380,000
|
RM 353
|
1,076 sqft
|
|
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Market Snapshot
ResidentialRM 345,000
RM 321 psfMedian transaction price
Bandar Baru Teluk Kumbar, Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
MapsBandar Baru Teluk Kumbar in Barat Daya, Penang recorded 26 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 345K and a median price per square foot (PSF) of RM 321.
This area contains both residential and commercial properties. View 57 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 345K, with most transactions falling within a stable range of RM 311K to RM 379K, and a typical market range of RM 280K to RM 420K.
Within the Flat category, low-cost flat dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 321, with most transactions between RM 289 and RM 352. The usual range is RM 296.27 to RM 344.77, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.50 and an average deviation (MAD) of RM 32 indicate a highly stable PSF trend across properties.
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. Moderate transaction volume may require patience when buying or selling.