Penang
Seberang Perai Selatan
14
TAMAN SERI MURAI

TAMAN SERI MURAI

Area Intelligence

2022

Median Price

RM 440,000

PSF: RM 315

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Residential PSF Trends

Median Price

RM 440,000

PSF: RM 315

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 420K to RM 460K, and a typical market range of RM 420K to RM 460K.

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

For price per square foot, the median is RM 315, with most transactions between RM 300 and RM 329. The usual range is RM 286.00 to RM 343.00, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 15, 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.

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TAMAN SERI MURAI, Seberang Perai Selatan, Penang

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