TAMAN BAYU MUTIARA

Area Intelligence
2023
Median Price
RM 665,000
PSF: RM 402

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 800K to RM 715K, and a typical market range of RM 800K to RM 900K.

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 402, with most transactions between RM 390 and RM 415. The usual range is RM 311.50 to RM 492.50, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 13, 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. 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

2 transactions grouped by size

2,300 sqft
Double Storey Terraced
RM 800,000
LORONG BAYU MUTIARA 2
2,303 sqft · RM 347 PSF
2,800 sqft
Double Storey Semi-D
RM 900,000
LORONG BAYU MUTIARA 16
2,799 sqft · RM 322 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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