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 grouped by size

650 sqft
3 units Low-Cost Flat
RM 160,000
646 sqft · RM 248.00 PSF
Apr 2023
RM 160,000
646 sqft · RM 248.00 PSF
Feb 2023
RM 160,000
646 sqft · RM 248.00 PSF
Jan 2023
1,400 sqft
4 units Double Storey Terraced
RM 660,000
LORONG BAYU MUTIARA 6
1,399 sqft · RM 472.00 PSF
Dec 2023
RM 670,000
LORONG BAYU MUTIARA 6
1,399 sqft · RM 479.00 PSF
Sep 2023
RM 640,000
LORONG BAYU MUTIARA 6
1,399 sqft · RM 457.00 PSF
Jan 2023
RM 660,000
LRG BAYU MUTIARA 6
1,399 sqft · RM 472.00 PSF
Jan 2023
2,300 sqft
1 units Double Storey Terraced
RM 800,000
LORONG BAYU MUTIARA 2
2,303 sqft · RM 347.00 PSF
Mar 2023
2,800 sqft
2 units Double Storey Semi-D
RM 900,000
LORONG BAYU MUTIARA 16
2,799 sqft · RM 322.00 PSF
Dec 2023
RM 700,000
LORONG BAYU MUTIARA 18
2,799 sqft · RM 250.00 PSF
May 2023
3,650 sqft
2 units 3-Storey Storey Shop
RM 2,500,000
JALAN BAYU MUTIARA 2
3,638 sqft · RM 687.00 PSF
Aug 2023
RM 2,500,000
JALAN BAYU MUTIARA 2
3,638 sqft · RM 687.00 PSF
Aug 2023