TAMAN SERI BAYU in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2024, with a median price of RM 345K and a median price per square foot (PSF) of RM 273.
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 345K, with most transactions falling within a stable range of RM 310K to RM 170K, and a typical market range of RM 196K to RM 170K.
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 273, though individual units vary from RM 212 to RM 334 in the core range. The broader market spans RM 218.38 to RM 327.63, indicating diverse property characteristics. The spread of RM 109.25 (IQR) and deviation of RM 61 (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.
