TAMAN TELUK KUMBAR

TAMAN TELUK KUMBAR in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 170K and a median price per square foot (PSF) of RM 368.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 170K, with most transactions falling within a stable range of RM 151K to RM 189K, and a typical market range of RM 150K to RM 190K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 368, with core pricing between RM 326 and RM 409. Market pricing typically extends from RM 324.50 to RM 410.50, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.