Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN SERUMPUN

Area Intelligence

Median Price

RM 468,000

PSF: RM 324

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Residential PSF Trends

Median Price

RM 468,000

PSF: RM 324

TAMAN SERUMPUN in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 468K and a median price per square foot (PSF) of RM 324.

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 468K, with most transactions falling within a stable range of RM 390K to RM 551K, and a typical market range of RM 420K to RM 516K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 324, though individual units vary from RM 230 to RM 419 in the core range. The broader market spans RM 243.88 to RM 404.13, indicating diverse property characteristics. A wider spread (IQR: RM 160.25) and deviation (MAD: RM 95) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERUMPUN, Seberang Perai Tengah, Penang

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Transactions

5 transactions found

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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RM 450,000

LORONG LOBAK 3

2,239 sqft • RM 201.00 PSF

Apr 2025

RM 480,000

JALAN LOBAK 1

2,239 sqft • RM 214.00 PSF

Jun 2024

RM 640,000

JALAN SELASIH 1

1,432 sqft • RM 447.00 PSF

Apr 2024

RM 468,000

LORONG LOBAK 3

1,238 sqft • RM 378.00 PSF

Feb 2023

RM 390,000

JALAN LOBAK

1,206 sqft • RM 324.00 PSF

Jul 2022

Road	Price	Land PSF	Land	Date	Type
LORONG LOBAK 3	RM 450,000	RM 201.00	2,239 sqft	Apr 2025	Double Storey Semi-D
JALAN LOBAK 1	RM 480,000	RM 214.00	2,239 sqft	Jun 2024	Double Storey Semi-D
JALAN SELASIH 1	RM 640,000	RM 447.00	1,432 sqft	Apr 2024	Double Storey Terraced
LORONG LOBAK 3	RM 468,000	RM 378.00	1,238 sqft	Feb 2023	Double Storey Terraced
JALAN LOBAK	RM 390,000	RM 324.00	1,206 sqft	Jul 2022	Double Storey Terraced