Area Intelligence

TAMAN SERI BERAPIT

3 properties
Double Storey Shop
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Median Price
RM 620,000
PSF: RM 438

Residential Market

Median Price

RM 567,500

IQR: RM 27
MAD: RM 27
RM 475 PSF 12.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 620,000

IQR: RM 47
MAD: RM 30
RM 438 PSF 9.1%

PSF Trends (2021-2025)

TAMAN SERI BERAPIT in Seberang Perai Tengah, Penang recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 620K and a median price per square foot (PSF) of RM 438.

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 620K, with most transactions falling within a stable range of RM 601K to RM 620K, and a typical market range of RM 600K to RM 620K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 438, with most transactions between RM 399 and RM 477. The usual range is RM 423.00 to RM 453.00, 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 39 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 grouped by size

1,300 sqft
2 units Double Storey Shop
RM 580,000
JALAN SERI BERAPIT
1,324 sqft · RM 438.00 PSF
Dec 2022
RM 620,000
JALAN SERI BERAPIT
1,324 sqft · RM 468.00 PSF
Aug 2022
1,650 sqft
1 units Double Storey Shop
RM 620,000
JALAN SERI BERAPIT
1,658 sqft · RM 374.00 PSF
Oct 2024