TAMAN SRI BAYAN (BENCON) Property Investment Analysis

TAMAN SRI BAYAN (BENCON) in Barat Daya, Penang recorded 22 subsale transactions between 2021 and 2025, with a median price of RM 170K and a median price per square foot (PSF) of RM 331.

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 170K, with most transactions falling within a stable range of RM 156K to RM 185K, and a typical market range of RM 155K to RM 185K.

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

For price per square foot, the median is RM 331, with most transactions between RM 305 and RM 357. The usual range is RM 307.63 to RM 354.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.75 and an average deviation (MAD) of RM 26 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. Moderate transaction volume may require patience when buying or selling.