Taman Seri Bayan in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM420K and a median price per square foot (PSF) of RM258.

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 RM420K, with most transactions falling within a stable range of RM390K to RM450K, and a typical market range of RM390K to RM450K.

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

For price per square foot, the median is RM258, with most transactions between RM240 and RM277. The usual range is RM220.41 to RM296.41, showing that most units are priced quite close to each other. With an IQR of RM76.00 and MAD of RM18, 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.