Penang
Seberang Perai Tengah
11
TAMAN BAYU MUTIARA

TAMAN BAYU MUTIARA

Area Intelligence

2023

Median Price

RM 665,000

PSF: RM 402

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Residential PSF Trends

Median Price

RM 660,000

PSF: RM 335

Commercial PSF Trends

Median Price

RM 2,500,000

RM 687 PSF

TAMAN BAYU MUTIARA in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2023, with a median price of RM 665K and a median price per square foot (PSF) of RM 402.

This area contains both residential and commercial properties. View 60 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 665K, with most transactions falling within a stable range of RM 640K to RM 754K, and a typical market range of RM 640K to RM 900K.

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 402, though individual units vary from RM 316 to RM 488 in the core range. The broader market spans RM 311.50 to RM 492.50, indicating diverse property characteristics. The spread of RM 181.00 (IQR) and deviation of RM 86 (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.

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TAMAN BAYU MUTIARA, Seberang Perai Tengah, Penang

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Transactions

7 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 660,000

LORONG BAYU MUTIARA 6

1,399 sqft · RM 472 PSF

Dec 2023

RM 670,000

LORONG BAYU MUTIARA 6

1,399 sqft · RM 479 PSF

Sep 2023

RM 640,000

LORONG BAYU MUTIARA 6

1,399 sqft · RM 457 PSF

Jan 2023

RM 660,000

LORONG BAYU MUTIARA 6

1,399 sqft · RM 472 PSF

Jan 2023

LORONG BAYU MUTIARA 6	RM 660,000	RM 472	1,399 sqft	Dec 2023
LORONG BAYU MUTIARA 6	RM 670,000	RM 479	1,399 sqft	Sep 2023
LORONG BAYU MUTIARA 6	RM 640,000	RM 457	1,399 sqft	Jan 2023
LORONG BAYU MUTIARA 6	RM 660,000	RM 472	1,399 sqft	Jan 2023