Penang, Seberang Perai Utara, Butterworth

TAMAN BAYU

Area Intelligence

2023

Median Price

RM 798,000

PSF: RM 398

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 798,000

PSF: RM 398

TAMAN BAYU in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 798K and a median price per square foot (PSF) of RM 398.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 798K, with most transactions falling within a stable range of RM 716K to RM 880K, and a typical market range of RM 716K to RM 880K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM 398, with most transactions between RM 367 and RM 429. The usual range is RM 341.75 to RM 454.25, showing that most units are priced quite close to each other. With an IQR of RM 112.50 and MAD of RM 31, 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.

Loading map...

TAMAN BAYU, Seberang Perai Utara, Penang

OSM