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 309K to RM 393K, and a typical market range of RM 280K to RM 400K.

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

The median PSF stands at RM 250, with core pricing between RM 200 and RM 299. Market pricing typically extends from RM 194.13 to RM 304.88, reflecting moderate variation in unit pricing. The spread of RM 110.75 (IQR) and deviation of RM 50 (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.

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TAMAN SERI INDAH, Seberang Perai Utara, Penang

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