Penang
Barat Daya
11
SRI BAYU

SRI BAYU

Area Intelligence

2021

Median Price

RM 242,500

PSF: RM 388

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Residential PSF Trends

Median Price

RM 242,500

PSF: RM 388

SRI BAYU in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 243K and a median price per square foot (PSF) of RM 388.

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 243K, with most transactions falling within a stable range of RM 235K to RM 250K, and a typical market range of RM 235K to RM 250K.

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

For price per square foot, the median is RM 388, with most transactions between RM 376 and RM 400. The usual range is RM 365.00 to RM 411.00, 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 12 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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