TAMAN SERI MURNI

Area Intelligence
2024
Median Price
RM 478,000
PSF: RM 357

Residential PSF Trends

Median Price

RM 478,000

PSF: RM 357

TAMAN SERI MURNI in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 478K and a median price per square foot (PSF) of RM 357.

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 478K, with most transactions falling within a stable range of RM 435K to RM 500K, and a typical market range of RM 400K 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 357, though individual units vary from RM 263 to RM 451 in the core range. The broader market spans RM 266.63 to RM 447.38, indicating diverse property characteristics. A wider spread (IQR: RM 180.75) and deviation (MAD: RM 94) 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. 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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Transactions

3 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 478,000
LORONG SERI MURNI 12
1,302 sqft · RM 367 PSF
1,400 sqft
Double Storey Terraced
RM 500,000
LORONG SERI MURNI 7
1,399 sqft · RM 357 PSF
2,450 sqft
Single Storey Terraced
RM 400,000
LORONG SERI MURNI 9
2,454 sqft · RM 163 PSF

No Properties For Sale

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

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