TAMAN SRI SERDANG

Area Intelligence
2022
Median Price
RM 320,000
PSF: RM 210

Residential PSF Trends

Median Price

RM 295,000

PSF: RM 209

Commercial PSF Trends

Median Price

RM 415,000

RM 297 PSF

TAMAN SRI SERDANG in Seberang Perai Utara, Penang recorded 17 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 210.

This area contains both residential and commercial properties. View 35 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 250K to RM 390K, and a typical market range of RM 254K to RM 387K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 210, with core pricing between RM 189 and RM 231. Market pricing typically extends from RM 177.00 to RM 243.00, reflecting moderate variation in unit pricing. With an IQR of RM 66.00 and MAD of RM 21, 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 SRI SERDANG, Seberang Perai Utara, Penang

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