Penang
Seberang Perai Tengah
15
TAMAN SERI SEJAHTERA

TAMAN SERI SEJAHTERA

Area Intelligence

2024

Median Price

RM 395,000

PSF: RM 331

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Residential PSF Trends

Median Price

RM 395,000

PSF: RM 331

Commercial PSF Trends

Median Price

RM 172,000

RM 212 PSF

TAMAN SERI SEJAHTERA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 395K and a median price per square foot (PSF) of RM 331.

This area contains both residential and commercial properties. View 22 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 395K, with most transactions falling within a stable range of RM 390K to RM 400K, and a typical market range of RM 390K to RM 400K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 331, with most transactions between RM 326 and RM 335. The usual range is RM 269.60 to RM 391.60, showing that most units are priced quite close to each other. With an IQR of RM 122.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN SERI SEJAHTERA, Seberang Perai Tengah, Penang

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