Taman Sri Bayan (Bencon) in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM168K and a median price per square foot (PSF) of RM324.

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 RM168K, with most transactions falling within a stable range of RM165K to RM174K, and a typical market range of RM165K to RM180K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM324, with most transactions between RM312 and RM336. The usual range is RM300.32 to RM348.07, showing that most units are priced quite close to each other. A typical spread (IQR) of RM47.75 and an average deviation (MAD) of RM12 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.