Penang
Seberang Perai Tengah
6
VILA SERI SETIA (CENTRAL WAY PHASE 2)

VILA SERI SETIA (CENTRAL WAY PHASE 2)

Area Intelligence

2022

Median Price

RM 585,000

PSF: RM 283

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Residential PSF Trends

Median Price

RM 585,000

PSF: RM 283

VILA SERI SETIA (CENTRAL WAY PHASE 2) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 585K and a median price per square foot (PSF) of RM 283.

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 585K, with most transactions falling within a stable range of RM 523K to RM 647K, and a typical market range of RM 554K to RM 617K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 283, with core pricing between RM 253 and RM 313. Market pricing typically extends from RM 231.81 to RM 334.31, reflecting moderate variation in unit pricing. With an IQR of RM 102.50 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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VILA SERI SETIA (CENTRAL WAY PHASE 2), Seberang Perai Tengah, Penang

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Property Transactions

6 transactions grouped by size

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Property Type

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Year

All Years 2025 2024 2023 2022 2021

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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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

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Road	Price	PSF	Size	Date	Type

2,050 sqft

Double Storey Terraced

2,050 sqft

Double Storey Terraced

RM 600,000

LORONG SERI SETIA 3

2,067 sqft · RM 290 PSF

Oct 2022

RM 685,000

LORONG SERI SETIA 3

2,067 sqft · RM 331 PSF

Oct 2022

RM 500,000

LORONG SERI SETIA 1

2,067 sqft · RM 242 PSF

Jul 2022

RM 534,000

LORONG SERI SETIA 4

2,067 sqft · RM 258 PSF

Jun 2022

RM 570,000

LORONG SERI SETIA 1

2,067 sqft · RM 276 PSF

Apr 2022

RM 640,000

LORONG SERI SETIA 3

2,067 sqft · RM 310 PSF

Mar 2022

LORONG SERI SETIA 3	RM 600,000	RM 290	2,067 sqft	Oct 2022
LORONG SERI SETIA 3	RM 685,000	RM 331	2,067 sqft	Oct 2022
LORONG SERI SETIA 1	RM 500,000	RM 242	2,067 sqft	Jul 2022
LORONG SERI SETIA 4	RM 534,000	RM 258	2,067 sqft	Jun 2022
LORONG SERI SETIA 1	RM 570,000	RM 276	2,067 sqft	Apr 2022
LORONG SERI SETIA 3	RM 640,000	RM 310	2,067 sqft	Mar 2022