TAMAN SRI BAYAN

TAMAN SRI BAYAN in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 701.

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 950K, with most transactions falling within a stable range of RM 900K to RM 1.00 million, and a typical market range of RM 900K to RM 1.00 million.

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

Price per square foot shows a median of RM 701, though individual units vary from RM 502 to RM 899 in the core range. The broader market spans RM 663.63 to RM 737.38, indicating diverse property characteristics. A wider spread (IQR: RM 73.75) and deviation (MAD: RM 199) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.