TAMAN SRI CERAYA

Area Intelligence
Median Price
RM 180,000
PSF: RM 260

Residential PSF Trends

Median Price

RM 140,000

PSF: RM 213

Commercial PSF Trends

Median Price

RM 450,000

RM 301 PSF

TAMAN SRI CERAYA in Seberang Perai Utara, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 260.

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 180K, with most transactions falling within a stable range of RM 80K to RM 280K, and a typical market range of RM 80K to RM 357K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 260, though individual units vary from RM 169 to RM 351 in the core range. The broader market spans RM 180.00 to RM 340.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 91) 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 SRI CERAYA, Seberang Perai Utara, Penang

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Transactions

9 transactions grouped by size

600 sqft
Low-Cost Flat
RM 180,000
Level 2
603 sqft · RM 299 PSF
RM 85,000
Level 4
603 sqft · RM 141 PSF
RM 100,000
Level 4
603 sqft · RM 166 PSF
RM 80,000
Level 4
603 sqft · RM 133 PSF
RM 80,000
Level 4
603 sqft · RM 133 PSF
1,300 sqft
Single Storey Terraced
RM 450,000
LORONG MERANTI 17
1,281 sqft · RM 351 PSF
RM 438,000
LORONG MERANTI 11
1,281 sqft · RM 342 PSF
1,500 sqft
Double Storey Shop
RM 450,000
LORONG MERANTI 11
1,496 sqft · RM 301 PSF
1,550 sqft
Single Storey Terraced
RM 400,000
LORONG MERANTI 15
1,539 sqft · RM 260 PSF

No Properties For Sale

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

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