Taman Balik Pulau

Balik Pulau, Penang, Malaysia

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Selling in Taman Balik Pulau? Homes here sold for a median of RM420,000.

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Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in F

Market Snapshot

Residential

RM420,000

RM300 psf

Median transaction price

Taman Balik Pulau in Barat Daya, Penang recorded 0 subsale transactions in 2021, with a median price of RM420K and a median price per square foot (PSF) of RM300.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM420K, with most transactions falling within a stable range of RM350K to RM490K, and a typical market range of RM380K to RM460K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM300, with core pricing between RM250 and RM350. Market pricing typically extends from RM264.00 to RM336.00, reflecting moderate variation in unit pricing. The spread of RM72.00 (IQR) and deviation of RM50 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.