Taman Sri Ceraya
Taman Seri Ceraya, Butterworth, Pulau Pinang, Malaysia
Taman Seri Ceraya, Butterworth, Pulau Pinang, Malaysia
Property Type
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Market Snapshot
ResidentialRM 444,000
RM 347 psfMedian transaction price
Taman Seri Ceraya, Butterworth, Pulau Pinang, Malaysia
MapsTaman Sri Ceraya in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM 444K and a median price per square foot (PSF) of RM 347.
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 444K, with most transactions falling within a stable range of RM 438K to RM 450K, and a typical market range of RM 438K to RM 450K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
For price per square foot, the median is RM 347, with most transactions between RM 342 and RM 351. The usual range is RM 266.63 to RM 426.63, showing that most units are priced quite close to each other. With an IQR of RM 160.00 and MAD of RM 5, 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.