Penang
Seberang Perai Utara
11
TAMAN SERI MURNI

TAMAN SERI MURNI

Area Intelligence

2022

Median Price

RM 110,000

PSF: RM 165

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Residential PSF Trends

Median Price

RM 110,000

PSF: RM 165

TAMAN SERI MURNI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 110K and a median price per square foot (PSF) of RM 165.

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 110K, with most transactions falling within a stable range of RM 100K to RM 120K, and a typical market range of RM 100K to RM 120K.

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

For price per square foot, the median is RM 165, with most transactions between RM 150 and RM 180. The usual range is RM 74.63 to RM 255.38, showing that most units are priced quite close to each other. With an IQR of RM 180.75 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI MURNI, Seberang Perai Utara, Penang

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