Penang
Seberang Perai Tengah
15
TAMAN SERI SEJAHTERA

TAMAN SERI SEJAHTERA

Area Intelligence

2022

Median Price

RM 432,500

PSF: RM 318

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Residential PSF Trends

Median Price

RM 432,500

PSF: RM 318

Commercial PSF Trends

Median Price

RM 172,000

RM 212 PSF

TAMAN SERI SEJAHTERA in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 433K and a median price per square foot (PSF) of RM 318.

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 433K, with most transactions falling within a stable range of RM 346K to RM 525K, and a typical market range of RM 346K to RM 552K.

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

The median PSF stands at RM 318, with core pricing between RM 265 and RM 370. Market pricing typically extends from RM 256.50 to RM 378.50, reflecting moderate variation in unit pricing. The spread of RM 122.00 (IQR) and deviation of RM 53 (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.

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TAMAN SERI SEJAHTERA, Seberang Perai Tengah, Penang

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Transactions

6 transactions grouped by size

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)

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

RM 370,000

LORONG SERI SEJAHTERA 14

1,195 sqft · RM 310 PSF

Dec 2022

RM 525,000

LORONG SERI SEJAHTERA 8

1,195 sqft · RM 439 PSF

Oct 2022

RM 360,000

LORONG SERI SEJAHTERA 14

1,195 sqft · RM 301 PSF

Jun 2022

RM 346,000

LORONG SERI SEJAHTERA 12

1,195 sqft · RM 290 PSF

Feb 2022

LORONG SERI SEJAHTERA 14	RM 370,000	RM 310	1,195 sqft	Dec 2022	Single Storey Terraced
LORONG SERI SEJAHTERA 8	RM 525,000	RM 439	1,195 sqft	Oct 2022	Double Storey Terraced
LORONG SERI SEJAHTERA 14	RM 360,000	RM 301	1,195 sqft	Jun 2022	Single Storey Terraced
LORONG SERI SEJAHTERA 12	RM 346,000	RM 290	1,195 sqft	Feb 2022	Single Storey Terraced