Penang
Seberang Perai Utara
9
TAMAN SRI CERAYA

TAMAN SRI CERAYA

Area Intelligence

2023

Median Price

RM 80,000

PSF: RM 133

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Residential PSF Trends

Median Price

RM 80,000

PSF: RM 133

Commercial PSF Trends

Median Price

RM 450,000

RM 301 PSF

TAMAN SRI CERAYA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 80K and a median price per square foot (PSF) of RM 133.

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 133, with most transactions between RM 133 and RM 133. The usual range is RM 53.00 to RM 213.00, 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. 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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