Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN SERUMPUN

Area Intelligence

Median Price

RM 459,000

PSF: RM 240

TAMAN SERUMPUN in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2025, priced between RM 300K and RM 500K, with a median price of RM 459K and a median price per square foot (PSF) of RM 240.

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 459K, with most transactions falling within a stable range of RM 424K to RM 480K, and a typical market range of RM 411K to RM 480K.

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

The median PSF stands at RM 240, with core pricing between RM 195 and RM 286. Market pricing typically extends from RM 160.28 to RM 320.53, reflecting moderate variation in unit pricing. The spread of RM 160.25 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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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