Penang
Seberang Perai Selatan
7
TAMAN SERI BAYU

TAMAN SERI BAYU

Area Intelligence

2022

Median Price

RM 390,000

PSF: RM 283

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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 283

TAMAN SERI BAYU in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 390K and a median price per square foot (PSF) of RM 283.

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 390K, with most transactions falling within a stable range of RM 279K to RM 480K, and a typical market range of RM 241K to RM 480K.

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

The median PSF stands at RM 283, with core pricing between RM 228 and RM 338. Market pricing typically extends from RM 228.38 to RM 337.63, reflecting moderate variation in unit pricing. The spread of RM 109.25 (IQR) and deviation of RM 55 (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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Transactions

6 transactions found

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

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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

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 480,000

LORONG SERI BAYU 2

1,798 sqft • RM 267.00 PSF

Dec 2022

RM 360,000

LORONG SERI BAYU 6

1,206 sqft • RM 299.00 PSF

Dec 2022

RM 420,000

JALAN INDUSTRI 2

1,206 sqft • RM 348.00 PSF

Jul 2022

RM 460,000

LORONG SERI BAYU 2

1,206 sqft • RM 382.00 PSF

Jul 2022

RM 155,000

Level G

624 sqft • RM 248.00 PSF

Jul 2022

RM 300,000

JALAN INDUSTRI 2

1,324 sqft • RM 227.00 PSF

Apr 2022

Road	Price	Land PSF	Land	Date	Type
LORONG SERI BAYU 2	RM 480,000	RM 267.00	1,798 sqft	Dec 2022	Double Storey Terraced
LORONG SERI BAYU 6	RM 360,000	RM 299.00	1,206 sqft	Dec 2022	Double Storey Terraced
JALAN INDUSTRI 2	RM 420,000	RM 348.00	1,206 sqft	Jul 2022	Double Storey Terraced
LORONG SERI BAYU 2	RM 460,000	RM 382.00	1,206 sqft	Jul 2022	Double Storey Terraced
Level G	RM 155,000	RM 248.00	624 sqft	Jul 2022	Town House
JALAN INDUSTRI 2	RM 300,000	RM 227.00	1,324 sqft	Apr 2022	Single Storey Terraced