SRI BAYU

SRI BAYU in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 360.

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 225K, with most transactions falling within a stable range of RM 189K to RM 250K, and a typical market range of RM 207K to RM 243K.

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

The median PSF stands at RM 360, with core pricing between RM 324 and RM 396. Market pricing typically extends from RM 336.75 to RM 383.25, reflecting moderate variation in unit pricing. With an IQR of RM 46.50 and MAD of RM 36, 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.