Penang
Seberang Perai Tengah
11
TAMAN BAYU MUTIARA

TAMAN BAYU MUTIARA

Area Intelligence

2024

Median Price

RM 600,000

PSF: RM 400

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Residential PSF Trends

Median Price

RM 595,000

PSF: RM 394

Commercial PSF Trends

Median Price

RM 2,000,000

RM 1,214 PSF

TAMAN BAYU MUTIARA in Seberang Perai Tengah, Penang recorded 19 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 400.

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 400, with most transactions between RM 400 and RM 400. The usual range is RM 309.50 to RM 490.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BAYU MUTIARA, Seberang Perai Tengah, Penang

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