TAMAN BAYU MUTIARA

Area Intelligence
2023
Median Price
RM 900,000
PSF: RM 347

Residential PSF Trends

Median Price

RM 800,000

PSF: RM 322

Commercial PSF Trends

Median Price

RM 2,500,000

RM 687 PSF

TAMAN BAYU MUTIARA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 900K and a median price per square foot (PSF) of RM 347.

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 900K, with most transactions falling within a stable range of RM 700K to RM 1.74 million, and a typical market range of RM 700K to RM 1.15 million.

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 347, though individual units vary from RM 158 to RM 536 in the core range. The broader market spans RM 256.50 to RM 437.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 189) indicate significant PSF variations, likely due to diverse property types or conditions.

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

5 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
RM 700,000
LORONG BAYU MUTIARA 18
2,799 sqft · RM 250 PSF
3,650 sqft
3-Storey Shop
RM 2,500,000
JALAN BAYU MUTIARA 2
3,638 sqft · RM 687 PSF
RM 2,500,000
JALAN BAYU MUTIARA 2
3,638 sqft · RM 687 PSF

No Properties For Sale

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

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