TAMAN SERULING EMAS in Seberang Perai Selatan, Penang recorded 21 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 218.
This area contains both residential and commercial properties. View 90 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 270K, with most transactions falling within a stable range of RM 174K to RM 366K, and a typical market range of RM 141K to RM 399K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 218, though individual units vary from RM 164 to RM 272 in the core range. The broader market spans RM 161.50 to RM 274.50, indicating diverse property characteristics. The spread of RM 113.00 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
