TAMAN SERI EMAS in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 159.
This area contains both residential and commercial properties. View 22 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 300K to RM 320K, and a typical market range of RM 300K to RM 348K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 159, with core pricing between RM 128 and RM 190. Market pricing typically extends from RM 120.25 to RM 197.75, reflecting moderate variation in unit pricing. The spread of RM 77.50 (IQR) and deviation of RM 31 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
