TAMAN SRI CERAYA

TAMAN SRI CERAYA in Seberang Perai Utara, Penang recorded 5 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 85K and a median price per square foot (PSF) of RM 141.

This area contains both residential and commercial properties. View 8 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 85K, with most transactions falling within a stable range of RM 80K to RM 123K, and a typical market range of RM 80K to RM 180K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 141, though individual units vary from RM 78 to RM 204 in the core range. The broader market spans RM 61.00 to RM 221.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 63) 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.