Taman Seri Bayu in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM500K and a median price per square foot (PSF) of RM238.

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 RM500K, with most transactions falling within a stable range of RM350K to RM650K, and a typical market range of RM353K to RM648K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM238, with most transactions between RM226 and RM250. The usual range is RM186.17 to RM289.17, showing that most units are priced quite close to each other. With an IQR of RM103.00 and MAD of RM12, the PSF demonstrates reasonable consistency across the market.

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.