Area Intelligence

TAMAN SRI BAYAN

4 properties
Double Storey Terraced
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Median Price
RM 560,000
PSF: RM 669

Residential Market

Median Price

RM 560,000

IQR: RM 212
MAD: RM 91
RM 669 PSF 40.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,000,000

IQR: RM 181
MAD: RM 2
RM 720 PSF 17.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SRI BAYAN in Barat Daya, Penang recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 560K and a median price per square foot (PSF) of RM 669.

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 530K to RM 756K, and a typical market range of RM 530K to RM 788K.

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

The median PSF stands at RM 669, with core pricing between RM 582 and RM 756. Market pricing typically extends from RM 631.63 to RM 705.38, reflecting moderate variation in unit pricing. With an IQR of RM 73.75 and MAD of RM 87, 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.

Area Location

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TAMAN SRI BAYAN, Barat Daya, Penang

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Transactions

4 properties grouped by size

750 sqft
2 units Double Storey Terraced
RM 530,000
LORONG DAMAR
743 sqft · RM 714.00 PSF
May 2024
RM 530,000
LORONG DAMAR
743 sqft · RM 714.00 PSF
Mar 2024
950 sqft
1 units Double Storey Terraced
RM 590,000
LORONG DAMAR 5
947 sqft · RM 623.00 PSF
Jun 2024
2,000 sqft
1 units Double Storey Terraced
RM 1,000,000
LORONG DAMAR 3
1,991 sqft · RM 502.00 PSF
Jun 2022