Penang
Seberang Perai Selatan
7
TAMAN SERI BAYU

TAMAN SERI BAYU

Area Intelligence

2023

Median Price

RM 242,500

PSF: RM 255

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Residential PSF Trends

Median Price

RM 242,500

PSF: RM 255

TAMAN SERI BAYU in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 243K and a median price per square foot (PSF) of RM 255.

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 243K, with most transactions falling within a stable range of RM 100K to RM 386K, and a typical market range of RM 100K to RM 392K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 255, though individual units vary from RM 176 to RM 334 in the core range. The broader market spans RM 200.38 to RM 309.63, indicating diverse property characteristics. A wider spread (IQR: RM 109.25) and deviation (MAD: RM 79) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN SERI BAYU, Seberang Perai Selatan, Penang

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 325,000

LORONG SERI BAYU 4

1,324 sqft • RM 245.00 PSF

Aug 2023

RM 465,000

LORONG SERI BAYU 2

1,206 sqft • RM 386.00 PSF

Mar 2023

RM 100,000

Level 1

603 sqft • RM 166.00 PSF

Mar 2023

RM 160,000

Level 1

603 sqft • RM 265.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
LORONG SERI BAYU 4	RM 325,000	RM 245.00	1,324 sqft	Aug 2023	Single Storey Terraced
LORONG SERI BAYU 2	RM 465,000	RM 386.00	1,206 sqft	Mar 2023	Double Storey Terraced
Level 1	RM 100,000	RM 166.00	603 sqft	Mar 2023	Town House
Level 1	RM 160,000	RM 265.00	603 sqft	Mar 2023	Town House