TAMAN SERONOK

Area Intelligence
2023
Median Price
RM 375,000
PSF: RM 267

Residential PSF Trends

Median Price

RM 375,000

PSF: RM 267

TAMAN SERONOK in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 267.

This area contains both residential and commercial properties. View 10 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 375K, with most transactions falling within a stable range of RM 295K to RM 456K, and a typical market range of RM 295K to RM 455K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 267, with core pricing between RM 228 and RM 307. Market pricing typically extends from RM 229.88 to RM 304.13, reflecting moderate variation in unit pricing. With an IQR of RM 74.25 and MAD of RM 40, 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 SERONOK, Seberang Perai Utara, Penang

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