TMN BAYU

TMN BAYU in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 716K and a median price per square foot (PSF) of RM 396.

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 RM 716K, with most transactions falling within a stable range of RM 200K to RM 1.35 million, and a typical market range of RM 503K to RM 929K.

Most transactions involved 2 - 2 1/2 storey shop-detached, with moderate diversity in property types available.

The median PSF stands at RM 396, with core pricing between RM 320 and RM 472. Market pricing typically extends from RM 370.00 to RM 422.00, reflecting moderate variation in unit pricing. The spread of RM 52.00 (IQR) and deviation of RM 76 (MAD) suggest moderate price variations reflecting different property features.

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.