TAMAN SERI MURNI

Area Intelligence
2023
Median Price
RM 495,000
PSF: RM 372

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 331K to RM 500K, and a typical market range of RM 287K to RM 500K.

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 372, though individual units vary from RM 286 to RM 458 in the core range. The broader market spans RM 281.63 to RM 462.38, indicating diverse property characteristics. The spread of RM 180.75 (IQR) and deviation of RM 86 (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

7 transactions grouped by size

650 sqft
Low-Cost Flat
RM 150,000
Level 1
667 sqft · RM 225 PSF
RM 173,000
Level 1
667 sqft · RM 259 PSF
RM 120,000
Level 4
667 sqft · RM 180 PSF
RM 140,000
Level 4
667 sqft · RM 210 PSF
RM 100,000
Level 4
667 sqft · RM 150 PSF
1,300 sqft
Double Storey Terraced
RM 495,000
LORONG SERI MURNI 12
1,302 sqft · RM 380 PSF
RM 500,000
LORONG SERI MURNI 10
1,302 sqft · RM 384 PSF

No Properties For Sale

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

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