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 344K to RM 544K, and a typical market range of RM 268K to RM 621K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 322, though individual units vary from RM 231 to RM 413 in the core range. The broader market spans RM 241.50 to RM 401.50, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 91) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
