TAMAN SRI SERULING in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 178.
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 330K, with most transactions falling within a stable range of RM 305K to RM 355K, and a typical market range of RM 298K to RM 362K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 178, with core pricing between RM 154 and RM 202. Market pricing typically extends from RM 160.63 to RM 195.38, reflecting moderate variation in unit pricing. With an IQR of RM 34.75 and MAD of RM 24, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
