BANDAR BARU TELUK KUMBAR

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 18 subsale transactions in 2022, with a median price of RM 158K and a median price per square foot (PSF) of RM 302.

This area contains both residential and commercial properties. View 52 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 158K, with most transactions falling within a stable range of RM 120K to RM 325K, and a typical market range of RM 120K to RM 268K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 302, though individual units vary from RM 228 to RM 375 in the core range. The broader market spans RM 273.50 to RM 329.50, indicating diverse property characteristics. The spread of RM 56.00 (IQR) and deviation of RM 73 (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.