BANDAR BARU TELUK KUMBAR

BANDAR BARU TELUK KUMBAR in Barat Daya, Penang recorded 10 subsale transactions in 2021, with a median price of RM 245K and a median price per square foot (PSF) of RM 312.

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 245K, with most transactions falling within a stable range of RM 100K to RM 512K, and a typical market range of RM 135K to RM 355K.

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

Price per square foot shows a median of RM 312, though individual units vary from RM 180 to RM 443 in the core range. The broader market spans RM 283.50 to RM 339.50, indicating diverse property characteristics. A wider spread (IQR: RM 56.00) and deviation (MAD: RM 131) indicate significant PSF variations, likely due to diverse property types or conditions.

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.