Area Intelligence

TAMAN BAYU MUTIARA

12 properties
2023
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Median Price
RM 665,000
PSF: RM 402

Residential Market

Median Price

RM 660,000

IQR: RM 181
MAD: RM 82
RM 335 PSF 19.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,500,000

IQR: RM 264
RM 687 PSF 76.7%

PSF Trends (2021-2025)

TAMAN BAYU MUTIARA in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2023, with a median price of RM 665K and a median price per square foot (PSF) of RM 402.

This area contains both residential and commercial properties. View 59 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 665K, with most transactions falling within a stable range of RM 160K to RM 1.43 million, and a typical market range of RM 411K to RM 919K.

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

Price per square foot shows a median of RM 402, though individual units vary from RM 248 to RM 556 in the core range. The broader market spans RM 311.50 to RM 492.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 154) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN BAYU MUTIARA, Seberang Perai Tengah, Penang

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Transactions

12 properties found

Double Storey Semi-D LORONG BAYU MUTIARA 16
RM 900,000
2,799 sqft Dec 2023
RM 322.00 PSF
Double Storey Terraced LORONG BAYU MUTIARA 6
RM 660,000
1,399 sqft Dec 2023
RM 472.00 PSF
Double Storey Terraced LORONG BAYU MUTIARA 6
RM 670,000
1,399 sqft Sep 2023
RM 479.00 PSF
3-Storey Storey Shop JALAN BAYU MUTIARA 2
RM 2,500,000
3,638 sqft Aug 2023
RM 687.00 PSF
3-Storey Storey Shop JALAN BAYU MUTIARA 2
RM 2,500,000
3,638 sqft Aug 2023
RM 687.00 PSF
Double Storey Semi-D LORONG BAYU MUTIARA 18
RM 700,000
2,799 sqft May 2023
RM 250.00 PSF
Low-Cost Flat
RM 160,000
646 sqft Apr 2023
RM 248.00 PSF
Double Storey Terraced LORONG BAYU MUTIARA 2
RM 800,000
2,303 sqft Mar 2023
RM 347.00 PSF
Low-Cost Flat
RM 160,000
646 sqft Feb 2023
RM 248.00 PSF
Double Storey Terraced LORONG BAYU MUTIARA 6
RM 640,000
1,399 sqft Jan 2023
RM 457.00 PSF
Double Storey Terraced LRG BAYU MUTIARA 6
RM 660,000
1,399 sqft Jan 2023
RM 472.00 PSF
Low-Cost Flat
RM 160,000
646 sqft Jan 2023
RM 248.00 PSF