Penang
Seberang Perai Selatan
13
BANDAR BATU KAWAN

BANDAR BATU KAWAN

Area Intelligence

2021

Median Price

RM 255,000

PSF: RM 216

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Residential PSF Trends

Median Price

RM 255,000

PSF: RM 216

Commercial PSF Trends

Median Price

RM 300,000

RM 313 PSF

BANDAR BATU KAWAN in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 255K and a median price per square foot (PSF) of RM 216.

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 255K, with most transactions falling within a stable range of RM 250K to RM 260K, and a typical market range of RM 250K to RM 260K.

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

For price per square foot, the median is RM 216, with most transactions between RM 204 and RM 228. The usual range is RM 173.75 to RM 258.25, showing that most units are priced quite close to each other. With an IQR of RM 84.50 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

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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