Penang
Seberang Perai Selatan
13
BANDAR BATU KAWAN

BANDAR BATU KAWAN

Area Intelligence

2022

Median Price

RM 230,000

PSF: RM 279

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 279

Commercial PSF Trends

Median Price

RM 300,000

RM 313 PSF

BANDAR BATU KAWAN in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 279.

This area contains both residential and commercial properties. View 24 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 230K, with most transactions falling within a stable range of RM 220K to RM 240K, and a typical market range of RM 220K to RM 240K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 279, with core pricing between RM 225 and RM 333. Market pricing typically extends from RM 236.75 to RM 321.25, reflecting moderate variation in unit pricing. The spread of RM 84.50 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.

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 BATU KAWAN, Seberang Perai Selatan, Penang

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