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 found

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