Area Intelligence

TAMAN SERI SEJAHTERA

6 properties
2023
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Median Price
RM 170,500
PSF: RM 211

Residential Market

Median Price

RM 395,000

IQR: RM 5
MAD: RM 5
RM 331 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 170,500

IQR: RM 5
MAD: RM 3
RM 211 PSF 4.0%

PSF Trends (2021-2025)

TAMAN SERI SEJAHTERA in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 171K and a median price per square foot (PSF) of RM 211.

This area contains both residential and commercial properties. View 2 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 171K, with most transactions falling within a stable range of RM 162K to RM 205K, and a typical market range of RM 162K to RM 216K.

Most transactions involved 1 - 1 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 211, with most transactions between RM 207 and RM 214. The usual range is RM 205.50 to RM 215.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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.

Area Location

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TAMAN SERI SEJAHTERA, Seberang Perai Tengah, Penang

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Transactions

6 properties found

Single Storey Shop LORONG SERI SEJAHTERA 8
RM 162,000
764 sqft Dec 2023
RM 212.00 PSF
Single Storey Shop LORONG SERI SEJAHTERA 8
RM 164,000
775 sqft Dec 2023
RM 212.00 PSF
Single Storey Shop LORONG SERI SEJAHTERA 8
RM 169,000
807 sqft Dec 2023
RM 209.00 PSF
Single Storey Shop LORONG SERI SEJAHTERA 8
RM 172,000
840 sqft Dec 2023
RM 205.00 PSF
Single Storey Shop LORONG SERI SEJAHTERA 8
RM 175,000
861 sqft Dec 2023
RM 203.00 PSF
Single Storey Shop LORONG SERI SEJAHTERA 8
RM 260,000
1,227 sqft Dec 2023
RM 212.00 PSF