Penang
Seberang Perai Utara
11
TAMAN SERI MURNI

TAMAN SERI MURNI

Area Intelligence

2022

Median Price

RM 570,000

PSF: RM 322

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Residential PSF Trends

Median Price

RM 570,000

PSF: RM 322

TAMAN SERI MURNI in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2022, with a median price of RM 570K and a median price per square foot (PSF) of RM 322.

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 570K, with most transactions falling within a stable range of RM 560K to RM 120K, and a typical market range of RM 362K 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 322, with most transactions between RM 307 and RM 337. The usual range is RM 231.63 to RM 412.38, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI MURNI, Seberang Perai Utara, Penang

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