Taman Seri Bayan
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Seri Bayan 1
|
RM 548,000
|
RM 337
|
1,625 sqft
|
|
|
|
Lorong Seri Bayan
|
RM 480,000
|
RM 295
|
1,625 sqft
|
|
|
|
Lorong Seri Bayan 1
|
RM 540,000
|
RM 332
|
1,625 sqft
|
|
|
|
Lorong Seri Bayan 6
|
RM 445,000
|
RM 274
|
1,625 sqft
|
|
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Market Snapshot
ResidentialRM 510,000
RM 314 psfMedian transaction price
Taman Seri Bayan, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman 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 314.
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 467K to RM 548K, and a typical market range of RM 463K to RM 548K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 314, with most transactions between RM 288 and RM 340. The usual range is RM 275.78 to RM 351.78, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 26, 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.