Area Intelligence

TAMAN SERI BERAPIT

3 properties
2022
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Median Price
RM 580,000
PSF: RM 448

Residential Market

Median Price

RM 535,000

IQR: RM 27
MAD: RM 27
RM 448 PSF 12.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 600,000

IQR: RM 47
MAD: RM 30
RM 453 PSF 9.1%

PSF Trends (2021-2025)

TAMAN SERI BERAPIT in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 448.

This area contains both residential and commercial properties. View 2 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 580K, with most transactions falling within a stable range of RM 545K to RM 615K, and a typical market range of RM 560K to RM 600K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 448, with most transactions between RM 436 and RM 460. The usual range is RM 433.00 to RM 463.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

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.

Area Location

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TAMAN SERI BERAPIT, Seberang Perai Tengah, Penang

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Transactions

3 properties found

Double Storey Shop JALAN SERI BERAPIT
RM 580,000
1,324 sqft Dec 2022
RM 438.00 PSF
Double Storey Shop JALAN SERI BERAPIT
RM 620,000
1,324 sqft Aug 2022
RM 468.00 PSF
Double Storey Terraced LORONG SERI BERAPIT 3
RM 535,000
1,195 sqft Aug 2022
RM 448.00 PSF