Penang
Seberang Perai Tengah
11
RESIDENSI SEJATI

RESIDENSI SEJATI

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 422

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 422

RESIDENSI SEJATI in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 422.

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 440K to RM 676K, and a typical market range of RM 440K to RM 791K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

Price per square foot shows a median of RM 422, though individual units vary from RM 318 to RM 526 in the core range. The broader market spans RM 405.00 to RM 439.00, indicating diverse property characteristics. The spread of RM 34.00 (IQR) and deviation of RM 104 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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RESIDENSI SEJATI, Seberang Perai Tengah, Penang

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Transactions

5 transactions found

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

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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

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 550,000

Level 10

1,109 sqft • RM 496.00 PSF

Dec 2023

RM 500,000

Level 8

1,184 sqft • RM 422.00 PSF

Aug 2023

RM 440,000

Level 8

1,195 sqft • RM 368.00 PSF

Jul 2023

RM 500,000

Level 8

1,195 sqft • RM 418.00 PSF

May 2023

RM 930,000

LORONG RESIDENSI SEJATI 3

1,399 sqft • RM 665.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 10	RM 550,000	RM 496.00	1,109 sqft	Dec 2023	Condo/Apartment
Level 8	RM 500,000	RM 422.00	1,184 sqft	Aug 2023	Condo/Apartment
Level 8	RM 440,000	RM 368.00	1,195 sqft	Jul 2023	Condo/Apartment
Level 8	RM 500,000	RM 418.00	1,195 sqft	May 2023	Condo/Apartment
LORONG RESIDENSI SEJATI 3	RM 930,000	RM 665.00	1,399 sqft	Mar 2023	Double Storey Terraced