TAMAN SRI BAYAN (BENCON)
Barat Daya, Penang · Freehold · 24 transactions
Median Price
RM180K
RM164K – RM193K
Median PSF
RM336
RM317 – RM374
Transactions
24
2021-11 to 2025-07
Size Range
506 – 570
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for TAMAN SRI BAYAN (BENCON)
Investment Return
Earliest PSF (2021)
RM329
Current PSF (2025)
RM348
Capital Gain
+5.9%
Total Return (est.)
5.5% p.a.
| Capital appreciation (4 years) | +5.9% |
| Annualised capital return | +1.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +7.9% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Market Verdict
PSF Trend: Stable
PSF moved from RM329 (2021) to RM348 (2025)
Liquidity: Moderate
24 transactions over 4 years (~6/year)
23% below Barat Daya average
This project: RM336 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: 5.5% p.a. (beats FD)
Capital gain (1.5% p.a.) + rental yield (~4% p.a.)
Verdict
TAMAN SRI BAYAN (BENCON) delivers a moderate estimated total return of 5.5% p.a. — comprising +1.5% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 23% below the Barat Daya average — potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 24| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2025 | Low-Cost Flat | Freehold | 517 | RM426 | RM220K |
| Apr 2025 | Low-Cost Flat | Freehold | 517 | RM348 | RM180K |
| Jan 2025 | Low-Cost Flat | Freehold | 517 | RM300 | RM155K |
| Nov 2024 | Low-Cost Flat | Freehold | 517 | RM397 | RM205K |
| Nov 2024 | Low-Cost Flat | Freehold | 517 | RM302 | RM156K |
19 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 24 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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