Area Intelligence

BANDAR BARU TELUK KUMBAR

22 properties
Flat
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Median Price
RM 360,000
PSF: RM 334

Residential Market

Median Price

RM 360,000

IQR: RM 46
MAD: RM 29
RM 334 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 22 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 360K and a median price per square foot (PSF) of RM 334.

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 360K, with most transactions falling within a stable range of RM 325K to RM 395K, and a typical market range of RM 280K to RM 420K.

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

For price per square foot, the median is RM 334, with most transactions between RM 302 and RM 366. The usual range is RM 306.00 to RM 362.00, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 32, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

Area Location

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BANDAR BARU TELUK KUMBAR, Barat Daya, Penang

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Transactions

22 properties grouped by size

1,100 sqft
22 units (showing 6) Flat
RM 380,000
1,076 sqft · RM 353.00 PSF
Oct 2024
RM 290,000
1,080 sqft · RM 269.00 PSF
Oct 2024
RM 340,000
1,076 sqft · RM 316.00 PSF
Sep 2024
RM 330,000
1,076 sqft · RM 307.00 PSF
Sep 2024
RM 300,000
1,076 sqft · RM 279.00 PSF
May 2024
RM 370,000
1,076 sqft · RM 344.00 PSF
Feb 2024

Auction Properties

1 auction properties in BANDAR BARU TELUK KUMBAR