TAMAN SERI MURNI

Area Intelligence
2023
Median Price
RM 140,000
PSF: RM 210

Residential PSF Trends

Median Price

RM 140,000

PSF: RM 210

TAMAN SERI MURNI in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 140K and a median price per square foot (PSF) of RM 210.

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 140K, with most transactions falling within a stable range of RM 115K to RM 165K, and a typical market range of RM 100K to RM 173K.

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

The median PSF stands at RM 210, with core pricing between RM 173 and RM 247. Market pricing typically extends from RM 119.63 to RM 300.38, reflecting moderate variation in unit pricing. The spread of RM 180.75 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

5 transactions found

RM 150,000
Level 1
667 sqft RM 225.00 PSF
RM 173,000
Level 1
667 sqft RM 259.00 PSF
RM 120,000
Level 4
667 sqft RM 180.00 PSF
RM 140,000
Level 4
667 sqft RM 210.00 PSF
RM 100,000
Level 4
667 sqft RM 150.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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