Penang
Seberang Perai Utara
8
TAMAN SERI INDAH

TAMAN SERI INDAH

Area Intelligence

2024

Median Price

RM 351,000

PSF: RM 250

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Residential PSF Trends

Median Price

RM 351,000

PSF: RM 250

Commercial PSF Trends

Median Price

RM 680,000

RM 359 PSF

TAMAN SERI INDAH in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2024, with a median price of RM 351K and a median price per square foot (PSF) of RM 250.

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. The median price is RM 351K, with most transactions falling within a stable range of RM 280K to RM 601K, and a typical market range of RM 280K to RM 444K.

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

Price per square foot shows a median of RM 250, though individual units vary from RM 183 to RM 316 in the core range. The broader market spans RM 194.13 to RM 304.88, indicating diverse property characteristics. A wider spread (IQR: RM 110.75) and deviation (MAD: RM 66) indicate significant PSF variations, likely due to diverse property types or conditions.

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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