Area Intelligence

TAMAN SRI BAYAN

10 properties
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Median Price
RM 900,000
PSF: RM 716

Residential Market

Median Price

RM 590,000

IQR: RM 212
MAD: RM 91
RM 623 PSF 40.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,000,000

IQR: RM 181
MAD: RM 2
RM 720 PSF 17.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SRI BAYAN in Barat Daya, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 716.

This area contains both residential and commercial properties. View 5 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 900K, with most transactions falling within a stable range of RM 570K to RM 1.23 million, and a typical market range of RM 673K to RM 1.13 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 716, with most transactions between RM 668 and RM 765. The usual range is RM 679.13 to RM 752.88, showing that most units are priced quite close to each other. With an IQR of RM 73.75 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SRI BAYAN, Barat Daya, Penang

OSM

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Transactions

10 properties grouped by size

700 sqft
1 units Double Storey Shop
RM 487,000
LORONG DAMAR 1
678 sqft · RM 718.00 PSF
Oct 2023
750 sqft
2 units Double Storey Terraced
RM 530,000
LORONG DAMAR
743 sqft · RM 714.00 PSF
May 2024
RM 530,000
LORONG DAMAR
743 sqft · RM 714.00 PSF
Mar 2024
950 sqft
1 units Double Storey Terraced
RM 590,000
LORONG DAMAR 5
947 sqft · RM 623.00 PSF
Jun 2024
1,000 sqft
2 units Double Storey Shop
RM 1,250,000
JALAN DATO ISMAIL
1,001 sqft · RM 1,249.00 PSF
Aug 2024
RM 900,000
JALAN DATO ISMAIL
1,001 sqft · RM 899.00 PSF
Dec 2022
1,400 sqft
1 units Double Storey Shop
RM 1,000,000
JALAN DAMAR
1,389 sqft · RM 720.00 PSF
Jan 2025
1,950 sqft
1 units Double Storey Shop
RM 1,383,000
LORONG DAMAR 1
1,927 sqft · RM 718.00 PSF
Oct 2023
2,000 sqft
1 units Double Storey Terraced
RM 1,000,000
LORONG DAMAR 3
1,991 sqft · RM 502.00 PSF
Jun 2022
3,450 sqft
1 units Double Storey Semi-D
RM 900,000
LENGKOK MERBAH 1
3,466 sqft · RM 260.00 PSF
Nov 2021