Penang
Seberang Perai Utara
12
TAMAN SRI MENERONG

TAMAN SRI MENERONG

Area Intelligence

2021

Median Price

RM 160,000

PSF: RM 160

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Residential PSF Trends

Median Price

RM 160,000

PSF: RM 160

TAMAN SRI MENERONG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 160K and a median price per square foot (PSF) of RM 160.

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 160K, with most transactions falling within a stable range of RM 150K to RM 170K, and a typical market range of RM 150K to RM 170K.

Most transactions involved low-cost house, with minimal variety in property types.

For price per square foot, the median is RM 160, with most transactions between RM 150 and RM 170. The usual range is RM 134.63 to RM 185.38, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI MENERONG, Seberang Perai Utara, Penang

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