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 neighbouring projects around 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 - RM640,000 (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 RM640,000 (about RM400 psf) for apartment units; while the monthly rentals are from RM800 to RM1,700 (about RM1.06 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 3.16% 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 RM400 psf. For price wise, the most expensive one is 3-bedroom / 1,598 sf with a median price of RM400 psf; while the cheapest one is 3-bedroom / 700 sf with a median price of RM390 psf.

Latest Taman Sri Bayan for sale listings:

DateTypeBuilt-upPrice
17-Feb-19Condominium1,598 sfRM608,000
17-Feb-19Condominium1,598 sfRM600,000
16-Feb-19Condominium1,598 sfRM590,000
16-Feb-19Condominium2,389 sfRM828,000
16-Feb-19Condominium1,000 sfRM500,000
15-Feb-19Condominium1,598 sfRM598,000
15-Feb-19Condominium1,598 sfRM600,000
14-Feb-19Condominium1,598 sfRM599,999
14-Feb-19Condominium1,598 sfRM600,000
14-Feb-19Condominium1,598 sfRM670,000

Latest Taman Sri Bayan for rent listings:

DateTypeBuilt-upRental
15-Feb-19Room In Apartment-NA-RM550
12-Feb-19Condominium1,598 sfRM1,500
12-Feb-19Condominium1,598 sfRM2,200
11-Feb-19Condominium1,658 sfRM1,900
11-Feb-19Condominium1,598 sfRM2,000
11-Feb-19Condominium1,598 sfRM1,600
11-Feb-19Condominium1,598 sfRM1,600
11-Feb-19Condominium1,598 sfRM1,700
11-Feb-19Low-Cost Flat1,598 sfRM2,000
10-Feb-19Condominium1,598 sfRM1,600