BandingHouse

Sri Bayu

Barat Daya, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Sri Bayu have sold for a median of

RM232,500

RM381 psf on the recorded floor area

RM211,250median RM232,500RM250,000

Half of the 22 recorded sales fell between RM211,250 and RM250,000. One in ten went under RM179,100, one in ten over RM259,000. Sales run from 19 April 2021 to 6 October 2025.

Up 18% from a RM220,000 median in 2022 to RM260,000 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM242,500RM389 psf2
2022RM220,000RM361 psf8
2023RM225,000RM361 psf5
2024RM260,000RM425 psf5
2025RM215,000RM378 psf2

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Barat Daya with enough recorded sales, cheapest first. By median sold price, Sri Bayu sits 14 of 64 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Sri Bayu’s own median is RM232,500 — lower than that state median. Full Penang table.

Cash and monthly on the RM232,500 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM23,250
  • Transfer duty (MOT): RM3,650
  • Loan duty (0.5%): RM1,046
  • Total cash: RM27,946
  • Qualifying first home: RM23,250 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM927
  • Total monthly: RM927

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Sri Bayu sold for?
A median of RM232,500 (RM381 psf), from 22 land-office transactions between 19 April 2021 and 6 October 2025.
What is a typical band here?
Half of recorded sales fell between RM211,250 and RM250,000. One in ten went under RM179,100; one in ten over RM259,000.
Has the median moved?
From RM220,000 in 2022 to RM260,000 in 2024 (+18%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.