Taman Seri Bayu
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 350,000
RM 265 psfMedian transaction price
Taman Seri Bayu, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Seri Bayu in Seberang Perai Selatan, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 265.
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 350K, with most transactions falling within a stable range of RM 230K to RM 470K, and a typical market range of RM 203K to RM 498K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 265, with core pricing between RM 231 and RM 299. Market pricing typically extends from RM 213.50 to RM 316.50, reflecting moderate variation in unit pricing. With an IQR of RM 103.00 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.
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.