Penang
Seberang Perai Utara
11
TAMAN SERI MURNI

TAMAN SERI MURNI

Area Intelligence

2023

Median Price

RM 495,000

PSF: RM 372

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Residential PSF Trends

Median Price

RM 495,000

PSF: RM 372

TAMAN SERI MURNI in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2023, with a median price of RM 495K and a median price per square foot (PSF) of RM 372.

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 495K, with most transactions falling within a stable range of RM 470K to RM 173K, and a typical market range of RM 287K 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 372, with core pricing between RM 335 and RM 409. Market pricing typically extends from RM 281.63 to RM 462.38, reflecting moderate variation in unit pricing. With an IQR of RM 180.75 and MAD of RM 37, 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

OSM

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

650 sqft

Low-Cost Flat

650 sqft

Low-Cost Flat

RM 150,000

Level 1

667 sqft · RM 225 PSF

Dec 2023

RM 173,000

Level 1

667 sqft · RM 259 PSF

Aug 2023

RM 120,000

Level 4

667 sqft · RM 180 PSF

Aug 2023

RM 140,000

Level 4

667 sqft · RM 210 PSF

Aug 2023

RM 100,000

Level 4

667 sqft · RM 150 PSF

Apr 2023

Level 1	RM 150,000	RM 225	667 sqft	Dec 2023
Level 1	RM 173,000	RM 259	667 sqft	Aug 2023
Level 4	RM 120,000	RM 180	667 sqft	Aug 2023
Level 4	RM 140,000	RM 210	667 sqft	Aug 2023
Level 4	RM 100,000	RM 150	667 sqft	Apr 2023