Area Intelligence

TAMAN SERI KENANGAN BAY

2 properties
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Median Price
RM 1,240,000
PSF: RM 314

Residential Market

Median Price

RM 1,240,000

IQR: RM 37
MAD: RM 37
RM 314 PSF

PSF Trends (2021-2025)

TAMAN SERI KENANGAN BAY in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.24 million and a median price per square foot (PSF) of RM 314.

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 1.24 million, with most transactions falling within a stable range of RM 1.20 million to RM 1.28 million, and a typical market range of RM 1.22 million to RM 1.26 million.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 314, with core pricing between RM 277 and RM 351. Market pricing typically extends from RM 295.50 to RM 332.50, reflecting moderate variation in unit pricing. With an IQR of RM 37.00 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SERI KENANGAN BAY, Barat Daya, Penang

OSM

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Transactions

2 properties grouped by size

3,650 sqft
1 units Detached
RM 1,280,000
JALAN PERMATANG DAMAR LAUT
3,649 sqft · RM 351.00 PSF
Feb 2025
4,350 sqft
1 units Detached
RM 1,200,000
JALAN PERMATANG DAMAR LAUT
4,327 sqft · RM 277.00 PSF
Dec 2022