Area Intelligence

TAMAN SERI BAYAN

8 properties
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Median Price
RM 465,000
PSF: RM 375

Residential Market

Median Price

RM 465,000

IQR: RM 66
MAD: RM 32
RM 375 PSF 5.8%

PSF Trends (2021-2025)

TAMAN SERI BAYAN in Seberang Perai Selatan, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 465K and a median price per square foot (PSF) of RM 375.

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 465K, with most transactions falling within a stable range of RM 433K to RM 498K, and a typical market range of RM 437K to RM 493K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 375, with most transactions between RM 343 and RM 406. The usual range is RM 341.38 to RM 407.63, showing that most units are priced quite close to each other. With an IQR of RM 66.25 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN SERI BAYAN, Seberang Perai Selatan, Penang

OSM

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Transactions

8 properties grouped by size

1,200 sqft
6 units Double Storey Terraced
RM 480,000
LORONG SERI BAYAN 3
1,195 sqft · RM 402.00 PSF
Apr 2024
RM 480,000
LORONG SERI BAYAN
1,195 sqft · RM 402.00 PSF
Jul 2023
RM 540,000
LORONG SERI BAYAN 1
1,195 sqft · RM 452.00 PSF
May 2023
RM 445,000
LORONG SERI BAYAN 6
1,195 sqft · RM 372.00 PSF
Feb 2023
RM 450,000
LORONG SERI BAYAN 6
1,195 sqft · RM 377.00 PSF
May 2022
RM 390,000
LORONG SERI BAYAN 6
1,195 sqft · RM 326.00 PSF
Apr 2022
1,250 sqft
1 units Double Storey Terraced
RM 420,000
LRG SERI BAYAN 4
1,238 sqft · RM 339.00 PSF
Dec 2021
1,800 sqft
1 units Double Storey Terraced
RM 548,000
LORONG SERI BAYAN 1
1,798 sqft · RM 305.00 PSF
Aug 2023