Area Intelligence

BANDAR BARU TELUK KUMBAR

5 properties
Double Storey Shop
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Median Price
RM 820,000
PSF: RM 586

Residential Market

Median Price

RM 172,500

IQR: RM 46
MAD: RM 29
RM 307 PSF 0.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 820,000

IQR: RM 21
MAD: RM 14
RM 586 PSF 1.6%

PSF Trends (2021-2025)

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 820K and a median price per square foot (PSF) of RM 586.

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 820K, with most transactions falling within a stable range of RM 800K to RM 849K, and a typical market range of RM 800K to RM 880K.

Within the Double Storey Shop category, low-cost flat dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 586, with most transactions between RM 565 and RM 607. The usual range is RM 558.00 to RM 614.00, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 21, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU TELUK KUMBAR, Barat Daya, Penang

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Transactions

5 properties grouped by size

1,400 sqft
5 units Double Storey Shop
RM 800,000
TELUK KUMBAR
1,399 sqft · RM 572.00 PSF
Mar 2024
RM 830,000
TINGKAT TELUK KUMBAR 2
1,399 sqft · RM 593.00 PSF
Feb 2023
RM 820,000
TGKT TELOK KUMBAR 1
1,399 sqft · RM 586.00 PSF
Aug 2022
RM 880,000
TINGKAT TELUK KUMBAR 2
1,399 sqft · RM 629.00 PSF
Dec 2021
RM 800,000
TINGKAT TULUK KUMBAR
1,399 sqft · RM 572.00 PSF
Nov 2021

Auction Properties

1 auction properties in BANDAR BARU TELUK KUMBAR