BANDAR BATU KAWAN in Seberang Perai Selatan, Penang recorded 15 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 268.
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 380K, with most transactions falling within a stable range of RM 337K to RM 423K, and a typical market range of RM 330K to RM 435K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 268, with core pricing between RM 223 and RM 313. Market pricing typically extends from RM 225.75 to RM 310.25, reflecting moderate variation in unit pricing. The spread of RM 84.50 (IQR) and deviation of RM 45 (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.
