BANDAR BATU KAWAN in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 10.00 million and a median price per square foot (PSF) of RM 224.
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 10.00 million, with most transactions falling within a stable range of RM 9.93 million to RM 10.08 million, and a typical market range of RM 9.95 million to RM 10.06 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 224, with core pricing between RM 184 and RM 264. Market pricing typically extends from RM 181.25 to RM 265.75, reflecting moderate variation in unit pricing. The spread of RM 84.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
