SRI BAYU

Area Intelligence
2023
Median Price
RM 225,000
PSF: RM 360

Residential PSF Trends

Median Price

RM 225,000

PSF: RM 360

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 210K to RM 240K, and a typical market range of RM 208K to RM 243K.

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

For price per square foot, the median is RM 360, with most transactions between RM 336 and RM 384. The usual range is RM 337.00 to RM 383.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

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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SRI BAYU, Barat Daya, Penang

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Transactions

5 transactions grouped by size

500 sqft
Low-Cost Flat
RM 150,000
Level 6
506 sqft · RM 297 PSF
600 sqft
Low-Cost Flat
RM 245,000
Level 9
624 sqft · RM 392 PSF
RM 220,000
Level 12
624 sqft · RM 352 PSF
RM 225,000
Level 10
624 sqft · RM 360 PSF
RM 250,000
Level 6
624 sqft · RM 400 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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