Penang
Seberang Perai Utara
8
TAMAN SERI INDAH

TAMAN SERI INDAH

Area Intelligence

2023

Median Price

RM 240,000

PSF: RM 219

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Residential PSF Trends

Median Price

RM 227,500

PSF: RM 185

Commercial PSF Trends

Median Price

RM 680,000

RM 359 PSF

TAMAN SERI INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 219.

This area contains both residential and commercial properties. View 11 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved low-cost house, with high diversity across multiple property types.

For price per square foot, the median is RM 219, with most transactions between RM 219 and RM 219. The usual range is RM 163.63 to RM 274.38, showing that most units are priced quite close to each other. With an IQR of RM 110.75 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI INDAH, Seberang Perai Utara, Penang

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