Taman Sri Bayan

11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM487,000
Lorong Damar 1
3,337 sqft RM146 PSF
RM1,383,000
Lorong Damar 1
3,337 sqft RM414 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM935,000

RM280 psf

Median transaction price

Taman Sri Bayan
© OpenStreetMap · CARTO

Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Taman Sri Bayan in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 3,325 and 3,374 sqft, with a median price of RM935K and a median price per square foot (PSF) of RM280.

This area contains both residential and commercial properties. View 5 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM935K, with most transactions falling within a stable range of RM487K to RM1.38 million, and a typical market range of RM708K to RM1.16 million.

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

Price per square foot shows a median of RM280, though individual units vary from RM146 to RM414 in the core range. The broader market spans RM243.33 to RM317.09, indicating diverse property characteristics. A wider spread (IQR: RM73.75) and deviation (MAD: RM134) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.