Property prices for sale in Teluk Bahang (Penang)

The prices in real estate in Teluk Bahang, in the Penang region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

RM 323,261.6
Average price last 6 months
RM 303.8
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Teluk Bahang has fallen in the last 6 months. In December, the average price per sq.feet was RM 279. In the following month the price per sq.feet increased to RM 296. In the following two months the price per sq.feet has increased 108 %, going from RM 287.5 to RM 310 per sq.feet. The price per sq.feet has had a considerable deflation of 54 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of RM 298.75 to RM 162 during April, and May.

Average price

Based upon to the price in Teluk Bahang (cities), this has gone downing the last 6 months. In our first sample month during December, the average price is RM 306,875. In January This price remains at RM 303,600. During the following two months (February, March) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from RM 332,993.75 to RM 142,166.5, which means a 43 % fall.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Teluk Bahang
Number of properties used in region Penang
No data
No data
48
223,138
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value