Area Intelligence

TAMAN BAYU MUTIARA

19 properties
2024
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Median Price
RM 600,000
PSF: RM 400

Residential Market

Median Price

RM 595,000

IQR: RM 181
MAD: RM 82
RM 394 PSF 19.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,000,000

IQR: RM 264
RM 1,214 PSF 76.7%

PSF Trends (2021-2025)

TAMAN BAYU MUTIARA in Seberang Perai Tengah, Penang recorded 19 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 400.

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 600K, with most transactions falling within a stable range of RM 192K to RM 1.01 million, and a typical market range of RM 346K to RM 854K.

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 400, though individual units vary from RM 193 to RM 607 in the core range. The broader market spans RM 309.50 to RM 490.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 207) 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

19 properties grouped by size

650 sqft
6 units Low-Cost Flat
RM 187,000
646 sqft · RM 290.00 PSF
Sep 2024
RM 160,000
646 sqft · RM 248.00 PSF
Aug 2024
RM 210,000
646 sqft · RM 325.00 PSF
Jul 2024
RM 160,000
646 sqft · RM 248.00 PSF
Feb 2024
RM 165,000
646 sqft · RM 255.00 PSF
Feb 2024
RM 140,000
646 sqft · RM 217.00 PSF
Jan 2024
1,400 sqft
7 units Double Storey Terraced
RM 590,000
LORONG BAYU MUTIARA 4
1,399 sqft · RM 422.00 PSF
Jul 2024
RM 640,000
LORONG BAYU MUTIARA 6
1,399 sqft · RM 457.00 PSF
Jul 2024
RM 650,000
LORONG BAYU MUTIARA 6
1,399 sqft · RM 465.00 PSF
Mar 2024
RM 560,000
LORONG BAYU MUTIARA 4
1,399 sqft · RM 400.00 PSF
Feb 2024
RM 630,000
LORONG BAYU MUTIARA 4
1,399 sqft · RM 450.00 PSF
Feb 2024
RM 600,000
LORONG BAYU MUTIARA 6
1,399 sqft · RM 429.00 PSF
Jan 2024
RM 650,000
LORONG BAYU MUTIARA 6
1,399 sqft · RM 465.00 PSF
Jan 2024
1,450 sqft
1 units Double Storey Terraced
RM 500,000
LORONG BAYU MUTIARA 2
1,464 sqft · RM 342.00 PSF
Feb 2024
1,550 sqft
2 units Double Storey Terraced
RM 655,000
LORONG BAYU MUTIARA 12
1,539 sqft · RM 426.00 PSF
Mar 2024
RM 688,000
LORONG BAYU MUTIARA 14
1,539 sqft · RM 447.00 PSF
Mar 2024
1,650 sqft
1 units Double Storey Shop
RM 2,000,000
JLN BAYU MUTIARA 1
1,647 sqft · RM 1,214.00 PSF
Feb 2024
2,050 sqft
1 units Double Storey Terraced
RM 800,000
LORONG BAYU MUTIARA 6
2,067 sqft · RM 387.00 PSF
May 2024
2,800 sqft
1 units Double Storey Semi-D
RM 805,000
LORONG BAYU MUTIARA 18
2,799 sqft · RM 288.00 PSF
Jul 2024