TAMAN SERI MURAI

TAMAN SERI MURAI in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2022, with a median price of RM 440K and a median price per square foot (PSF) of RM 315.

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 440K, with most transactions falling within a stable range of RM 397K to RM 483K, and a typical market range of RM 418K to RM 463K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 315, with core pricing between RM 283 and RM 347. Market pricing typically extends from RM 286.00 to RM 343.00, reflecting moderate variation in unit pricing. With an IQR of RM 57.00 and MAD of RM 32, 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.