TAMAN SERI MURAI in Seberang Perai Selatan, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 460K and a median price per square foot (PSF) of RM 329.
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 460K, with most transactions falling within a stable range of RM 417K to RM 503K, and a typical market range of RM 438K to RM 483K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 329, with most transactions between RM 297 and RM 361. The usual range is RM 300.50 to RM 357.50, showing that most units are priced quite close to each other. 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.