TAMAN BAYU MUTIARA in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2022, with a median price of RM 148K and a median price per square foot (PSF) of RM 229.
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 148K, with most transactions falling within a stable range of RM 130K to RM 165K, and a typical market range of RM 120K to RM 180K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 229, with core pricing between RM 202 and RM 255. Market pricing typically extends from RM 138.00 to RM 319.00, reflecting moderate variation in unit pricing. With an IQR of RM 181.00 and MAD of RM 27, 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.
