Area Intelligence

BANDAR BARU TELUK KUMBAR

29 properties
Low-Cost Flat
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Median Price
RM 150,000
PSF: RM 297

Residential Market

Median Price

RM 150,000

IQR: RM 46
MAD: RM 29
RM 297 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 29 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 150K and a median price per square foot (PSF) of RM 297.

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 150K, with most transactions falling within a stable range of RM 131K to RM 169K, and a typical market range of RM 100K to RM 190K.

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

The median PSF stands at RM 297, with core pricing between RM 259 and RM 335. Market pricing typically extends from RM 269.00 to RM 325.00, reflecting moderate variation in unit pricing. With an IQR of RM 56.00 and MAD of RM 38, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

29 properties grouped by size

500 sqft
29 units (showing 6) Low-Cost Flat
RM 150,000
506 sqft · RM 297.00 PSF
Nov 2024
RM 180,000
506 sqft · RM 356.00 PSF
Sep 2024
RM 140,000
506 sqft · RM 277.00 PSF
Jul 2024
RM 150,000
506 sqft · RM 297.00 PSF
Jul 2024
RM 190,000
506 sqft · RM 376.00 PSF
Mar 2024
RM 150,000
506 sqft · RM 297.00 PSF
Mar 2024

Auction Properties

1 auction properties in BANDAR BARU TELUK KUMBAR