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 230K to RM 890K, and a typical market range of RM 333K to RM 788K.
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 714, with most transactions between RM 666 and RM 763. The usual range is RM 677.13 to RM 750.88, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
