BANDAR BATU KAWAN in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 309K and a median price per square foot (PSF) of RM 377.
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 309K, with most transactions falling within a stable range of RM 234K to RM 384K, and a typical market range of RM 254K to RM 364K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 377, with core pricing between RM 337 and RM 417. Market pricing typically extends from RM 334.25 to RM 418.75, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 40, 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.
