Penang
Seberang Perai Selatan
14
TAMAN SERI BAYAN

TAMAN SERI BAYAN

Area Intelligence

2023

Median Price

RM 510,000

PSF: RM 387

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 510,000

PSF: RM 387

TAMAN SERI BAYAN in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 387.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 510K, with most transactions falling within a stable range of RM 493K to RM 480K, and a typical market range of RM 482K to RM 480K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 387, with most transactions between RM 372 and RM 402. The usual range is RM 353.88 to RM 420.13, showing that most units are priced quite close to each other. With an IQR of RM 66.25 and MAD of RM 15, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

TAMAN SERI BAYAN, Seberang Perai Selatan, Penang

OSM