Penang
Seberang Perai Tengah
11
TAMAN BAYU MUTIARA

TAMAN BAYU MUTIARA

Area Intelligence

2022

Median Price

RM 563,000

PSF: RM 314

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Residential PSF Trends

Median Price

RM 563,000

PSF: RM 314

Commercial PSF Trends

Median Price

RM 2,500,000

RM 687 PSF

TAMAN BAYU MUTIARA in Seberang Perai Tengah, Penang recorded 25 subsale transactions in 2022, with a median price of RM 563K and a median price per square foot (PSF) of RM 314.

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.

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

For price per square foot, the median is RM 314, with most transactions between RM 314 and RM 314. The usual range is RM 223.50 to RM 404.50, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN BAYU MUTIARA, Seberang Perai Tengah, Penang

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