Penang
Seberang Perai Utara
11
TAMAN SERI MURNI

TAMAN SERI MURNI

Area Intelligence

2023

Median Price

RM 538,000

PSF: RM 392

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Residential PSF Trends

Median Price

RM 538,000

PSF: RM 392

TAMAN SERI MURNI in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2023, with a median price of RM 538K and a median price per square foot (PSF) of RM 392.

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 538K, with most transactions falling within a stable range of RM 507K to RM 569K, and a typical market range of RM 495K to RM 575K.

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 392, with most transactions between RM 367 and RM 417. The usual range is RM 301.63 to RM 482.38, showing that most units are priced quite close to each other. With an IQR of RM 180.75 and MAD of RM 25, 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

6 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

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Max Price (RM)

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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

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 556,000

LORONG SERI MURNI 14

1,302 sqft · RM 427 PSF

Dec 2023

RM 495,000

LORONG SERI MURNI 12

1,302 sqft · RM 380 PSF

Aug 2023

RM 500,000

LORONG SERI MURNI 10

1,302 sqft · RM 384 PSF

Apr 2023

RM 575,000

LORONG SERI MURNI 12

1,302 sqft · RM 441 PSF

Apr 2023

LORONG SERI MURNI 14	RM 556,000	RM 427	1,302 sqft	Dec 2023
LORONG SERI MURNI 12	RM 495,000	RM 380	1,302 sqft	Aug 2023
LORONG SERI MURNI 10	RM 500,000	RM 384	1,302 sqft	Apr 2023
LORONG SERI MURNI 12	RM 575,000	RM 441	1,302 sqft	Apr 2023