Residential Market
Median Price
RM 590,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 1,000,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
85 properties
Median Price
RM 768,000
+3.2% CAGR
Median PSF
RM 675.00
-1.9% CAGR
Shop/Retail Lot
31 properties
Median Price
RM 1,611,000
-23.4% CAGR
Median PSF
RM 727.50
+0.1% CAGR
Office Lot
28 properties
Median Price
RM 1,393,000
-14.0% CAGR
Median PSF
RM 573.00
-28.9% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Service Apartment | 85 |
RM 768,000
±56K MAD
|
+3.21% |
RM 675.00
±12 MAD
|
-1.90% | |
| Shop/Retail Lot | 31 |
RM 1,611,000
±213K MAD
|
-23.36% |
RM 727.50
±1 MAD
|
+0.14% | |
| Office Lot | 28 |
RM 1,393,000
±12K MAD
|
-14.05% |
RM 573.00
±63 MAD
|
-28.87% |
TAMAN SRI BAYAN in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 716.
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 900K, with most transactions falling within a stable range of RM 570K to RM 1.23 million, and a typical market range of RM 673K to RM 1.13 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 716, with most transactions between RM 668 and RM 765. The usual range is RM 679.13 to RM 752.88, 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.