Taman Kuala Sungai Pinang
11000 Balik Pulau, Pulau Pinang, Malaysia
11000 Balik Pulau, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Solok Nelayan 10
|
RM 300,000
|
RM 124
|
2,411 sqft
|
|
|
Lorong Kuala Sungai Pinang
|
RM 400,000
|
RM 116
|
3,455 sqft
|
|
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Market Snapshot
ResidentialRM 350,000
RM 120 psfMedian transaction price
Taman Kuala Sungai Pinang, 11000 Balik Pulau, Pulau Pinang, Malaysia
MapsTaman Kuala Sungai Pinang in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 120.
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 350K, with most transactions falling within a stable range of RM 300K to RM 400K, and a typical market range of RM 312K to RM 388K.
Most transactions involved low-cost house, though some variety exists in the market.
For price per square foot, the median is RM 120, with most transactions between RM 116 and RM 124. The usual range is RM 95.35 to RM 144.85, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
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.