Penang
Seberang Perai Utara
12
TAMAN SRI MENERONG

TAMAN SRI MENERONG

Area Intelligence

2022

Median Price

RM 185,000

PSF: RM 185

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Residential PSF Trends

Median Price

RM 185,000

PSF: RM 185

TAMAN SRI MENERONG in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 185K and a median price per square foot (PSF) of RM 185.

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 185K, with most transactions falling within a stable range of RM 173K to RM 197K, and a typical market range of RM 170K to RM 200K.

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

For price per square foot, the median is RM 185, with most transactions between RM 173 and RM 197. The usual range is RM 159.63 to RM 210.38, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 12, 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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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+

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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

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Road	Price	Land PSF	Land	Date	Type

1,000 sqft

Low-Cost House

1,000 sqft

Low-Cost House

RM 200,000

LORONG SERI MENDERONG 8

1,001 sqft · RM 200 PSF

Aug 2022

RM 200,000

LORONG SERI MENDERONG 2

1,001 sqft · RM 200 PSF

Jul 2022

RM 185,000

LORONG SERI MENERONG 3

1,001 sqft · RM 185 PSF

Jun 2022

RM 178,000

LORONG SERI MENERONG 3

1,001 sqft · RM 178 PSF

May 2022

RM 170,000

LORONG SERI MENERONG 4

1,001 sqft · RM 170 PSF

Feb 2022

LORONG SERI MENDERONG 8	RM 200,000	RM 200	1,001 sqft	Aug 2022
LORONG SERI MENDERONG 2	RM 200,000	RM 200	1,001 sqft	Jul 2022
LORONG SERI MENERONG 3	RM 185,000	RM 185	1,001 sqft	Jun 2022
LORONG SERI MENERONG 3	RM 178,000	RM 178	1,001 sqft	May 2022
LORONG SERI MENERONG 4	RM 170,000	RM 170	1,001 sqft	Feb 2022