Taman Seri Bayu
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Industri 2
|
RM 300,000
|
RM 227
|
1,324 sqft
|
|
|
Lorong Seri Bayu 2
|
RM 480,000
|
RM 310
|
1,550 sqft
|
|
|
|
Lorong Seri Bayu 6
|
RM 360,000
|
RM 232
|
1,550 sqft
|
|
|
|
Jalan Industri 2
|
RM 420,000
|
RM 271
|
1,550 sqft
|
|
|
Lorong Seri Bayu 2
|
RM 460,000
|
RM 291
|
1,582 sqft
|
|
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Market Snapshot
ResidentialRM 390,000
RM 260 psfMedian transaction price
Taman Seri Bayu, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman 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 260.
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 243K 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 260, with core pricing between RM 229 and RM 290. Market pricing typically extends from RM 208.12 to RM 311.12, reflecting moderate variation in unit pricing. With an IQR of RM 103.00 and MAD of RM 30, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.