Penang
Seberang Perai Utara
11
TAMAN SERI MURNI

TAMAN SERI MURNI

Area Intelligence

2024

Median Price

RM 139,000

PSF: RM 209

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Residential PSF Trends

Median Price

RM 139,000

PSF: RM 209

TAMAN SERI MURNI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 139K and a median price per square foot (PSF) of RM 209.

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 139K, with most transactions falling within a stable range of RM 128K to RM 150K, and a typical market range of RM 128K to RM 150K.

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 209, with most transactions between RM 192 and RM 225. The usual range is RM 118.13 to RM 298.88, showing that most units are priced quite close to each other. With an IQR of RM 180.75 and MAD of RM 17, 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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