Area Intelligence

TAMAN SRI KUMBAR

2 properties
2022
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Median Price
RM 172,500
PSF: RM 267

Residential Market

Median Price

RM 172,500

IQR: RM 25
MAD: RM 4
RM 267 PSF 0.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SRI KUMBAR in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 173K and a median price per square foot (PSF) of RM 267.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 173K, with most transactions falling within a stable range of RM 150K to RM 195K, and a typical market range of RM 164K to RM 181K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 267, with core pricing between RM 232 and RM 302. Market pricing typically extends from RM 254.38 to RM 279.63, reflecting moderate variation in unit pricing. With an IQR of RM 25.25 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SRI KUMBAR, Barat Daya, Penang

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Transactions

2 properties grouped by size

650 sqft
2 units Low-Cost Flat
RM 150,000
646 sqft · RM 232.00 PSF
Nov 2022
RM 195,000
646 sqft · RM 302.00 PSF
Aug 2022