TAMAN SRI SERDANG in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2023, with a median price of RM 399K and a median price per square foot (PSF) of RM 245.
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 399K, with most transactions falling within a stable range of RM 307K to RM 480K, and a typical market range of RM 333K to RM 466K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 245, with core pricing between RM 206 and RM 284. Market pricing typically extends from RM 212.00 to RM 278.00, reflecting moderate variation in unit pricing. The spread of RM 66.00 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.
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.
