Taman Seri Bayu
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 100,000
|
RM 166
|
603 sqft
|
|
|
|
Level 1
|
RM 160,000
|
RM 265
|
603 sqft
|
|
|
Lorong Seri Bayu 4
|
RM 325,000
|
RM 245
|
1,324 sqft
|
|
|
Lorong Seri Bayu 2
|
RM 465,000
|
RM 300
|
1,550 sqft
|
|
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Market Snapshot
ResidentialRM 242,500
RM 255 psfMedian transaction price
Taman Seri Bayu, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Seri Bayu in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 243K and a median price per square foot (PSF) of RM 255.
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 243K, with most transactions falling within a stable range of RM 100K to RM 386K, and a typical market range of RM 100K to RM 390K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 255, with core pricing between RM 206 and RM 305. Market pricing typically extends from RM 203.96 to RM 306.96, reflecting moderate variation in unit pricing. The spread of RM 103.00 (IQR) and deviation of RM 49 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.