BAYU NYAMAN

Area Intelligence
2021
Median Price
RM 200,000
PSF: RM 294

Residential PSF Trends

Median Price

RM 200,000

PSF: RM 294

BAYU NYAMAN in Barat Daya, Penang recorded 6 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 294.

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 RM 200K, with most transactions falling within a stable range of RM 180K to RM 220K, and a typical market range of RM 171K to RM 229K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 294, with core pricing between RM 264 and RM 324. Market pricing typically extends from RM 251.25 to RM 335.75, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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BAYU NYAMAN, Barat Daya, Penang

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