Penang
Seberang Perai Utara
9
TAMAN SRI CERAYA

TAMAN SRI CERAYA

Area Intelligence

2022

Median Price

RM 438,000

PSF: RM 301

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Residential PSF Trends

Median Price

RM 419,000

PSF: RM 301

Commercial PSF Trends

Median Price

RM 450,000

RM 301 PSF

TAMAN SRI CERAYA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 438K and a median price per square foot (PSF) of RM 301.

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.

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

For price per square foot, the median is RM 301, with most transactions between RM 301 and RM 301. The usual range is RM 221.00 to RM 381.00, showing that most units are priced quite close to each other. With an IQR of RM 160.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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 SRI CERAYA, Seberang Perai Utara, Penang

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