Taman Sri Ceraya

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 260.

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 260, though individual units vary from RM 173 to RM 346 in the core range. The broader market spans RM 179.87 to RM 339.87, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 86) 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.