Taman Sri Bayan, Sungai Ara

Taman Sri Bayan (also known as Taman Seri Bayan) is a freehold apartment & landed development located in Sungai Ara, Penang. It consists of Desa Bayan Apartment, Pangsapuri I-Park, Pangsapuri Pusat Bayan, Suria Merbah and The Clovers. The built-up available at this project is 700 sf to 1,598 sf for apartment units. Other neighboring projects nearby here are Iconic Skies and One Residence.

Property Type
Apartment & Landed
Land Tenure
Freehold
Built-up
700 sf - 1,598 sf (Apartment)
Market Price
RM270,000 - RM660,000 (Apartment)
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

The only amenities nearby this apartment & landed development are some schools. Several of the schools here are SK Mutiara Perdana, SMJK Heng Ee Cawangan Bayan Baru and SRA Madrasah Uthmaniah Abim.

The current market prices for Taman Sri Bayan are from RM270,000 to RM660,000 (about RM410 psf) for apartment units; while the monthly rentals are from RM800 to RM1,800 (about RM1.13 psf) for apartment units. The highest median price psf ever recorded was RM447 psf in Q3 2017 (Apartment) and RM793 psf in Q4 2015 (House); while the lowest one was RM159 psf in Q4 2010 (Apartment) and RM523 psf in Q4 2014 (House).

The current rental yield of Taman Sri Bayan is 2.86% for apartment units. The highest rental yield ever recorded was 5.33% in Q4 2016 (Apartment); while the lowest one was 2.54% in Q4 2017 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Taman Sri Bayan for apartment units is 3-bedroom / 1,598 sf with a median price of RM410 psf. For price wise, the most expensive one is 3-bedroom / 1,598 sf with a median price of RM410 psf; while the cheapest one is 3-bedroom / 700 sf with a median price of RM380 psf.

Latest Taman Sri Bayan for sale listings:

DateTypeBuilt-upPrice
12-Dec-18Condominium1,598 sfRM600,000
12-Dec-18Condominium1,598 sfRM495,720
12-Dec-18Condominium1,012 sfRM559,999
12-Dec-18Condominium1,598 sfRM670,000
12-Dec-18Condominium1,598 sfRM688,000
11-Dec-18Condominium1,598 sfRM610,000
11-Dec-18Condominium1,598 sfRM660,000
11-Dec-18Condominium1,598 sfRM750,000
11-Dec-18Condominium1,600 sfRM638,000
11-Dec-18Condominium1,598 sfRM660,000

Latest Taman Sri Bayan for rent listings:

DateTypeBuilt-upRental
17-Dec-18Condominium1,598 sfRM1,500
17-Dec-18Condominium1,598 sfRM1,500
15-Dec-18Condominium776 sfRM1,250
15-Dec-18Condominium1,500 sfRM2,000
15-Dec-18Condominium1,598 sfRM1,500
15-Dec-18Condominium1,000 sfRM1,500
15-Dec-18Condominium1,598 sfRM1,800
15-Dec-18Low-Cost Flat1,012 sfRM1,500
15-Dec-18Low-Cost Flat900 sfRM1,100
14-Dec-18Condominium1,598 sfRM1,500