TAMAN SERI INDAH

Area Intelligence
2023
Median Price
RM 240,000
PSF: RM 219

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. The median price is RM 240K, with most transactions falling within a stable range of RM 215K to RM 454K, and a typical market range of RM 215K to RM 333K.

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

Price per square foot shows a median of RM 219, though individual units vary from RM 132 to RM 306 in the core range. The broader market spans RM 163.63 to RM 274.38, indicating diverse property characteristics. A wider spread (IQR: RM 110.75) and deviation (MAD: RM 87) 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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Transactions

3 transactions grouped by size

1,100 sqft
Low-Cost House
RM 240,000
LORONG SERI INDAH 10
1,098 sqft · RM 219 PSF
1,450 sqft
Single Storey Terraced
RM 215,000
JALAN SERI INDAH
1,432 sqft · RM 150 PSF
1,900 sqft
Double Storey Shop
RM 680,000
JALAN DATUK HJ.AHMAD BADAWI
1,894 sqft · RM 359 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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