TAMAN SERI BAYAN

Area Intelligence
2021
Median Price
RM 465,000
PSF: RM 375

Residential PSF Trends

Median Price

RM 465,000

PSF: RM 375

TAMAN SERI BAYAN in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2021, with a median price of RM 465K and a median price per square foot (PSF) of RM 375.

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 465K, with most transactions falling within a stable range of RM 433K to RM 498K, and a typical market range of RM 437K to RM 493K.

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

For price per square foot, the median is RM 375, with most transactions between RM 343 and RM 406. The usual range is RM 341.38 to RM 407.63, showing that most units are priced quite close to each other. With an IQR of RM 66.25 and MAD of RM 32, 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.

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TAMAN SERI BAYAN, Seberang Perai Selatan, Penang

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