TAMAN SRI BAYAN

Area Intelligence
Median Price
RM 1,000,000
PSF: RM 720

Residential PSF Trends

Median Price

RM 1,000,000

PSF: RM 502

Commercial PSF Trends

Median Price

RM 1,125,000

RM 810 PSF

TAMAN SRI BAYAN in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 720.

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 1.00 million, with most transactions falling within a stable range of RM 670K to RM 1.33 million, and a typical market range of RM 773K to RM 1.23 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 720, with most transactions between RM 672 and RM 769. The usual range is RM 683.13 to RM 756.88, 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.

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TAMAN SRI BAYAN, Barat Daya, Penang

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