Area Intelligence

TAMAN BAYU MUTIARA

5 properties
2021
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Median Price
RM 150,000
PSF: RM 232

Residential Market

Median Price

RM 150,000

IQR: RM 181
MAD: RM 82
RM 232 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 5 subsale transactions in 2021, with a median price of RM 150K and a median price per square foot (PSF) of RM 232.

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 150K, with most transactions falling within a stable range of RM 130K to RM 333K, and a typical market range of RM 130K to RM 404K.

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 232, though individual units vary from RM 148 to RM 316 in the core range. The broader market spans RM 141.50 to RM 322.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 84) 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

5 properties grouped by size

650 sqft
4 units Low-Cost Flat
RM 150,000
646 sqft · RM 232.00 PSF
Sep 2021
RM 130,000
646 sqft · RM 201.00 PSF
Jul 2021
RM 150,000
646 sqft · RM 232.00 PSF
May 2021
RM 140,000
646 sqft · RM 217.00 PSF
Feb 2021
1,400 sqft
1 units Double Storey Terraced
RM 600,000
LORONG BAYU MUTIARA 4
1,399 sqft · RM 429.00 PSF
Nov 2021