TAMAN SRI BAYAN

TAMAN SRI BAYAN in Barat Daya, Penang recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, 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 689K to RM 1.31 million, and a typical market range of RM 773K to RM 1.23 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 720, though individual units vary from RM 514 to RM 926 in the core range. The broader market spans RM 683.13 to RM 756.88, indicating diverse property characteristics. A wider spread (IQR: RM 73.75) and deviation (MAD: RM 206) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.