TAMAN SRI BAYAN

Area Intelligence
2022
Median Price
RM 950,000
PSF: RM 701

Residential PSF Trends

Median Price

RM 1,000,000

PSF: RM 502

Commercial PSF Trends

Median Price

RM 900,000

RM 899 PSF

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.

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TAMAN SRI BAYAN, Barat Daya, Penang

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Transactions

2 transactions grouped by size

1,000 sqft
Double Storey Shop
RM 900,000
JALAN DATO ISMAIL
1,001 sqft · RM 899 PSF
2,000 sqft
Double Storey Terraced
RM 1,000,000
LORONG DAMAR 3
1,991 sqft · RM 502 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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