BANDAR BARU TELUK KUMBAR

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 14 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 335.

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 335K, with most transactions falling within a stable range of RM 159K to RM 511K, and a typical market range of RM 225K to RM 445K.

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

Price per square foot shows a median of RM 335, though individual units vary from RM 262 to RM 408 in the core range. The broader market spans RM 307.00 to RM 363.00, 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.