Penang
Seberang Perai Utara
9
TAMAN SRI CERAYA

TAMAN SRI CERAYA

Area Intelligence

Median Price

RM 444,000

PSF: RM 322

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Residential PSF Trends

Median Price

RM 438,000

PSF: RM 342

Commercial PSF Trends

Median Price

RM 450,000

RM 301 PSF

TAMAN SRI CERAYA in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 444K and a median price per square foot (PSF) of RM 322.

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 423K to RM 450K, and a typical market range of RM 400K to RM 450K.

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

The median PSF stands at RM 322, with core pricing between RM 285 and RM 358. Market pricing typically extends from RM 241.50 to RM 401.50, reflecting moderate variation in unit pricing. With an IQR of RM 160.00 and MAD of RM 36, 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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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 450,000

LORONG MERANTI 17

1,281 sqft • RM 351.00 PSF

Oct 2022

RM 400,000

LORONG MERANTI 15

1,539 sqft • RM 260.00 PSF

Sep 2022

RM 438,000

LORONG MERANTI 11

1,281 sqft • RM 342.00 PSF

May 2022

RM 450,000

LORONG MERANTI 11

1,496 sqft • RM 301.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
LORONG MERANTI 17	RM 450,000	RM 351.00	1,281 sqft	Oct 2022	Single Storey Terraced
LORONG MERANTI 15	RM 400,000	RM 260.00	1,539 sqft	Sep 2022	Single Storey Terraced
LORONG MERANTI 11	RM 438,000	RM 342.00	1,281 sqft	May 2022	Single Storey Terraced
LORONG MERANTI 11	RM 450,000	RM 301.00	1,496 sqft	Jan 2022	Double Storey Shop