TAMAN SRI CERAYA

Area Intelligence
Median Price
RM 444,000
PSF: RM 322

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 grouped by size

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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