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Penang, Seberang Perai Utara, 9

TAMAN SRI CERAYA

Area Intelligence
2022
Median Price
RM 438,000
PSF: RM 301
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Residential PSF Trends

Median Price

RM 419,000

PSF: RM 301

Commercial PSF Trends

Median Price

RM 450,000

RM 301 PSF

TAMAN SRI CERAYA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 438K and a median price per square foot (PSF) of RM 301.

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 438K, with most transactions falling within a stable range of RM 295K to RM 450K, and a typical market range of RM 262K to RM 450K.

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

Price per square foot shows a median of RM 301, though individual units vary from RM 222 to RM 380 in the core range. The broader market spans RM 221.00 to RM 381.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 79) 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. 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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Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

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
Custom Range
Clear
600 sqft
Low-Cost Flat
RM 80,000
Level 4
603 sqft · RM 133 PSF
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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