Area Intelligence

TAMAN SERI AKASIA

8 properties
Double Storey Terraced
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Median Price
RM 499,500
PSF: RM 278

Residential Market

Median Price

RM 499,500

IQR: RM 88
MAD: RM 37
RM 278 PSF 6.4%

PSF Trends (2021-2025)

TAMAN SERI AKASIA in Seberang Perai Tengah, Penang recorded 8 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 500K and a median price per square foot (PSF) of RM 278.

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 410K to RM 601K, and a typical market range of RM 410K to RM 598K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 278, with core pricing between RM 226 and RM 329. Market pricing typically extends from RM 233.50 to RM 321.50, reflecting moderate variation in unit pricing. The spread of RM 88.00 (IQR) and deviation of RM 52 (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.

Area Location

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TAMAN SERI AKASIA, Seberang Perai Tengah, Penang

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Transactions

8 properties grouped by size

1,500 sqft
5 units Double Storey Terraced
RM 550,000
LORONG SERI AKASIA
1,496 sqft · RM 368.00 PSF
Dec 2023
RM 480,000
LORONG AKASIA 20
1,496 sqft · RM 321.00 PSF
Oct 2022
RM 410,000
LORONG AKASIA 20
1,496 sqft · RM 274.00 PSF
Sep 2022
RM 450,000
LORONG SERI AKASIA 13
1,496 sqft · RM 301.00 PSF
May 2022
RM 420,000
LORONG AKASIA 18
1,496 sqft · RM 281.00 PSF
Sep 2021
2,000 sqft
1 units Double Storey Terraced
RM 519,000
LORONG AKASIA 10
2,002 sqft · RM 259.00 PSF
Oct 2023
2,900 sqft
1 units Double Storey Terraced
RM 610,000
LORONG AKASIA 10
2,885 sqft · RM 211.00 PSF
Oct 2022
3,650 sqft
1 units Double Storey Terraced
RM 730,000
LORONG AKASIA 20
3,649 sqft · RM 200.00 PSF
Jul 2024