Penang
Seberang Perai Selatan
7
TAMAN SERI BAYU

TAMAN SERI BAYU

Area Intelligence

2024

Median Price

RM 410,000

PSF: RM 327

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Residential PSF Trends

Median Price

RM 410,000

PSF: RM 327

TAMAN SERI BAYU in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2024, with a median price of RM 410K and a median price per square foot (PSF) of RM 327.

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 410K, with most transactions falling within a stable range of RM 343K to RM 477K, and a typical market range of RM 340K to RM 485K.

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 327, though individual units vary from RM 259 to RM 395 in the core range. The broader market spans RM 272.38 to RM 381.63, indicating diverse property characteristics. The spread of RM 109.25 (IQR) and deviation of RM 68 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN SERI BAYU, Seberang Perai Selatan, Penang

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