Taman Seri Bayu

14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 345,000
PSF
RM 273
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
Townhouse
RM 170,000
Level 1
603 sqft · RM 282 PSF
RM 100,000
Level G
624 sqft · RM 160 PSF
1,300 sqft
Terrace
RM 350,000
Lorong Seri Bayu 8
1,324 sqft · RM 264 PSF
RM 340,000
Lorong Seri Bayu 12
1,324 sqft · RM 257 PSF
1,550 sqft
2-Sty Terrace
RM 470,000
Lorong Seri Bayu 2
1,550 sqft · RM 303 PSF
1,600 sqft
2-Sty Terrace
RM 485,000
Lorong Seri Bayu 10
1,582 sqft · RM 307 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 345,000

RM 273 psf

Median transaction price

Taman Seri Bayu
© OpenStreetMap · CARTO

Taman Seri Bayu, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

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 202K to RM 485K, and a typical market range of RM 198K to RM 485K.

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

The median PSF stands at RM 273, with core pricing between RM 224 and RM 322. Market pricing typically extends from RM 221.69 to RM 324.69, 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.