Penang
Seberang Perai Utara
11
TAMAN SERI MURNI

TAMAN SERI MURNI

Area Intelligence

2021

Median Price

RM 331,500

PSF: RM 296

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Residential PSF Trends

Median Price

RM 331,500

PSF: RM 296

TAMAN SERI MURNI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 332K and a median price per square foot (PSF) of RM 296.

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 332K, with most transactions falling within a stable range of RM 113K to RM 550K, and a typical market range of RM 123K to RM 540K.

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 296, though individual units vary from RM 169 to RM 422 in the core range. The broader market spans RM 205.13 to RM 385.88, indicating diverse property characteristics. A wider spread (IQR: RM 180.75) and deviation (MAD: RM 127) indicate significant PSF variations, likely due to diverse property types or conditions.

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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