TAMAN SRI BAYAN

Area Intelligence
2023
Median Price
RM 935,000
PSF: RM 718

Residential PSF Trends

Median Price

RM 590,000

PSF: RM 623

Commercial PSF Trends

Median Price

RM 935,000

RM 718 PSF

TAMAN SRI BAYAN in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 935K and a median price per square foot (PSF) of RM 718.

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.

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 718, with most transactions between RM 718 and RM 718. The usual range is RM 681.13 to RM 754.88, showing that most units are priced quite close to each other. With an IQR of RM 73.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN SRI BAYAN, Barat Daya, Penang

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