Penang
Seberang Perai Selatan
14
TAMAN SERI MURAI

TAMAN SERI MURAI

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 357

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 357

TAMAN SERI MURAI in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 357.

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 500K, with most transactions falling within a stable range of RM 463K to RM 537K, and a typical market range of RM 478K to RM 523K.

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

For price per square foot, the median is RM 357, with most transactions between RM 330 and RM 384. The usual range is RM 328.50 to RM 385.50, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 27, 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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Transactions

4 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 445,000

LORONG SERI MURAI 7

1,399 sqft · RM 318 PSF

Jul 2023

RM 500,000

LORONG SERI MURAI 7

1,399 sqft · RM 357 PSF

Jun 2023

RM 500,000

LORONG SERI MURAI 7

1,399 sqft · RM 357 PSF

May 2023

RM 550,000

LORONG SERI MURAI 9

1,399 sqft · RM 393 PSF

May 2023

LORONG SERI MURAI 7	RM 445,000	RM 318	1,399 sqft	Jul 2023
LORONG SERI MURAI 7	RM 500,000	RM 357	1,399 sqft	Jun 2023
LORONG SERI MURAI 7	RM 500,000	RM 357	1,399 sqft	May 2023
LORONG SERI MURAI 9	RM 550,000	RM 393	1,399 sqft	May 2023