Taman Sri Bayan

11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM1,000,000
PSF
RM414
Price Size
Period
transactions middle 50% (P25–P75)
1,850 sqft
2-Sty Shop
RM1,250,000
Jalan Dato Ismail
1,862 sqft · RM671 PSF
RM900,000
Jalan Dato Ismail
1,862 sqft · RM483 PSF
2,500 sqft
2-Sty Shop
RM1,000,000
Jalan Damar
2,519 sqft · RM397 PSF
3,350 sqft
2-Sty Shop
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

RM1,000,000

RM414 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 5 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM1.00 million and a median price per square foot (PSF) of RM414.

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 RM1.00 million, with most transactions falling within a stable range of RM689K to RM1.31 million, and a typical market range of RM773K to RM1.23 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM414, though individual units vary from RM245 to RM583 in the core range. The broader market spans RM377.60 to RM451.35, indicating diverse property characteristics. A wider spread (IQR: RM73.75) and deviation (MAD: RM169) 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.