TAMAN SERI SEJAHTERA

Area Intelligence
13 subsale transactions
2023
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Median Price
RM 169,000
PSF: RM 209

Residential PSF Trends

Median Price

RM 102,000

PSF: RM 155

Commercial PSF Trends

Median Price

RM 170,500

RM 211 PSF

TAMAN SERI SEJAHTERA in Seberang Perai Tengah, Penang recorded 13 subsale transactions in 2023, with a median price of RM 169K and a median price per square foot (PSF) of RM 209.

This area contains both residential and commercial properties. View 20 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 169K, with most transactions falling within a stable range of RM 82K to RM 281K, and a typical market range of RM 82K to RM 285K.

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

Price per square foot shows a median of RM 209, though individual units vary from RM 140 to RM 278 in the core range. The broader market spans RM 152.25 to RM 265.75, indicating diverse property characteristics. A wider spread (IQR: RM 113.50) and deviation (MAD: RM 69) indicate significant PSF variations, likely due to diverse property types or conditions.

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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TAMAN SERI SEJAHTERA, Seberang Perai Tengah, Penang

OSM

Transactions

13 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
650 sqft
Low-Cost Flat
RM 82,000
Level 4
657 sqft · RM 125.00 PSF
Aug 2023
RM 88,000
Level 3
657 sqft · RM 134.00 PSF
Jul 2023
RM 102,000
Level 3
657 sqft · RM 155.00 PSF
Jul 2023
RM 88,000
Level 4
657 sqft · RM 134.00 PSF
Jul 2023
750 sqft
Single Storey Shop
RM 162,000
LORONG SERI SEJAHTERA 8
764 sqft · RM 212.00 PSF
Dec 2023
800 sqft
Single Storey Shop
RM 164,000
LORONG SERI SEJAHTERA 8
775 sqft · RM 212.00 PSF
Dec 2023
RM 169,000
LORONG SERI SEJAHTERA 8
807 sqft · RM 209.00 PSF
Dec 2023
850 sqft
Single Storey Shop
RM 172,000
LORONG SERI SEJAHTERA 8
840 sqft · RM 205.00 PSF
Dec 2023
RM 175,000
LORONG SERI SEJAHTERA 8
861 sqft · RM 203.00 PSF
Dec 2023
1,200 sqft
Single Storey Terraced
RM 356,000
LORONG SERI SEJAHTERA 18
1,195 sqft · RM 298.00 PSF
Nov 2023
RM 370,000
LORONG SERI SEJAHTERA 12
1,195 sqft · RM 310.00 PSF
Jul 2023
RM 430,000
LORONG SERI SEJAHTERA 12
1,195 sqft · RM 360.00 PSF
Mar 2023
1,250 sqft
Single Storey Shop
RM 260,000
LORONG SERI SEJAHTERA 8
1,227 sqft · RM 212.00 PSF
Dec 2023