SERI SEMARAK

Area Intelligence
2023
Median Price
RM 360,000
PSF: RM 458

Residential PSF Trends

Median Price

RM 364,000

PSF: RM 463

Commercial PSF Trends

Median Price

RM 186,000

RM 346 PSF

SERI SEMARAK in Timur Laut, Penang recorded 23 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 458.

This area contains both residential and commercial properties. View 58 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 268K to RM 430K, and a typical market range of RM 273K to RM 430K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 458, with core pricing between RM 379 and RM 537. Market pricing typically extends from RM 409.88 to RM 506.13, reflecting moderate variation in unit pricing. The spread of RM 96.25 (IQR) and deviation of RM 79 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

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SERI SEMARAK, Timur Laut, Penang

OSM

Track location

Transactions

23 transactions found

RM 130,000
Level 13
538 sqft RM 242.00 PSF
RM 140,000
Level 6
538 sqft RM 260.00 PSF
RM 375,000
Level 3
786 sqft RM 477.00 PSF
RM 388,000
Level 6
786 sqft RM 494.00 PSF
RM 186,000
Level 1
538 sqft RM 346.00 PSF
RM 200,000
Level 3
538 sqft RM 372.00 PSF
RM 340,000
Level 14
807 sqft RM 421.00 PSF
RM 350,000
Level 22
786 sqft RM 445.00 PSF
RM 368,000
Level 12
786 sqft RM 468.00 PSF
RM 375,000
Level 9
786 sqft RM 477.00 PSF
RM 233,000
Level 15
538 sqft RM 433.00 PSF
RM 375,000
Level 10
786 sqft RM 477.00 PSF
RM 390,000
Level 3
786 sqft RM 496.00 PSF
RM 385,000
Level 3
786 sqft RM 490.00 PSF
RM 428,000
Level 3
786 sqft RM 545.00 PSF
RM 430,000
Level 14
786 sqft RM 547.00 PSF
RM 360,000
Level 12
786 sqft RM 458.00 PSF
RM 385,000
Level 10
786 sqft RM 490.00 PSF
RM 400,000
Level 9
786 sqft RM 509.00 PSF
RM 176,000
Level 15
538 sqft RM 327.00 PSF
RM 330,000
Level 19
786 sqft RM 420.00 PSF
RM 360,000
Level 4
786 sqft RM 458.00 PSF
RM 350,000
Level 15
786 sqft RM 445.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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