Penang
Seberang Perai Selatan
11
TAMAN SERI IPIL

TAMAN SERI IPIL

Area Intelligence

2022

Median Price

RM 434,000

PSF: RM 224

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Residential PSF Trends

Median Price

RM 434,000

PSF: RM 224

TAMAN SERI IPIL in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 434K and a median price per square foot (PSF) of RM 224.

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 434K, with most transactions falling within a stable range of RM 391K to RM 477K, and a typical market range of RM 399K to RM 469K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 224, with core pricing between RM 183 and RM 264. Market pricing typically extends from RM 205.75 to RM 241.25, reflecting moderate variation in unit pricing. The spread of RM 35.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI IPIL, Seberang Perai Selatan, Penang

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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 450,000

LORONG SERI IPIL 1

2,831 sqft • RM 159.00 PSF

Oct 2022

RM 500,000

LORONG SERI IPIL 2

3,014 sqft • RM 166.00 PSF

Oct 2022

RM 450,000

LORONG SERI IPIL 2

1,690 sqft • RM 266.00 PSF

Jul 2022

RM 410,000

LORONG SERI IPIL 1

1,722 sqft • RM 238.00 PSF

Jun 2022

RM 418,000

LORONG SERI IPIL 2

1,690 sqft • RM 247.00 PSF

Jun 2022

RM 360,000

LORONG SERI IPIL 1

1,722 sqft • RM 209.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
LORONG SERI IPIL 1	RM 450,000	RM 159.00	2,831 sqft	Oct 2022	Single Storey Terraced
LORONG SERI IPIL 2	RM 500,000	RM 166.00	3,014 sqft	Oct 2022	Single Storey Terraced
LORONG SERI IPIL 2	RM 450,000	RM 266.00	1,690 sqft	Jul 2022	Single Storey Terraced
LORONG SERI IPIL 1	RM 410,000	RM 238.00	1,722 sqft	Jun 2022	Single Storey Terraced
LORONG SERI IPIL 2	RM 418,000	RM 247.00	1,690 sqft	Jun 2022	Single Storey Terraced
LORONG SERI IPIL 1	RM 360,000	RM 209.00	1,722 sqft	Mar 2022	Single Storey Terraced