TAMAN SRI BAYAN

TAMAN SRI BAYAN in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM 560K and a median price per square foot (PSF) of RM 714.

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 560K, with most transactions falling within a stable range of RM 530K to RM 864K, and a typical market range of RM 530K to RM 788K.

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 714, though individual units vary from RM 466 to RM 962 in the core range. The broader market spans RM 677.13 to RM 750.88, indicating diverse property characteristics. A wider spread (IQR: RM 73.75) and deviation (MAD: RM 248) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.