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 3
|
RM 145,000
|
RM 287
|
506 sqft
|
|
|
|
Level G
|
RM 170,000
|
RM 336
|
506 sqft
|
|
|
|
Level 4
|
RM 170,000
|
RM 336
|
506 sqft
|
|
|
|
Level 3
|
RM 175,000
|
RM 346
|
506 sqft
|
|
|
|
Level 4
|
RM 147,000
|
RM 291
|
506 sqft
|
|
|
|
Level 4
|
RM 150,000
|
RM 297
|
506 sqft
|
|
|
Level 6
|
RM 340,000
|
RM 316
|
1,076 sqft
|
|
|
|
Level 10
|
RM 380,000
|
RM 353
|
1,076 sqft
|
|
|
|
Level 1
|
RM 330,000
|
RM 307
|
1,076 sqft
|
|
|
|
Level 3
|
RM 390,000
|
RM 362
|
1,076 sqft
|
|
|
|
Level 2
|
RM 360,000
|
RM 334
|
1,076 sqft
|
|
|
|
Level 5
|
RM 350,000
|
RM 325
|
1,076 sqft
|
|
|
|
Level 6
|
RM 400,000
|
RM 372
|
1,076 sqft
|
|
|
Tingkat Teluk Kumbar 2
|
RM 830,000
|
RM 328
|
2,530 sqft
|
|
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Market Snapshot
ResidentialRM 330,000
RM 334 psfMedian transaction price
Bandar Baru Teluk Kumbar, Kampung Hutan Nibung, 11920 Bayan Lepas, Penang, Malaysia
MapsBandar Baru Teluk Kumbar in Barat Daya, Penang recorded 14 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 331.
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 335K, with most transactions falling within a stable range of RM 159K to RM 511K, and a typical market range of RM 226K to RM 444K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
For price per square foot, the median is RM 331, with most transactions between RM 306 and RM 357. The usual range is RM 307.04 to RM 355.54, 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 25 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.