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 645K to RM 685K, and a typical market range of RM 640K to RM 700K.
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 314 to RM 490 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 88 (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.
