Penang
Timur Laut
13
SERI SEMARAK

SERI SEMARAK

Area Intelligence

2022

Median Price

RM 365,000

PSF: RM 465

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Residential PSF Trends

Median Price

RM 365,000

PSF: RM 465

Commercial PSF Trends

Median Price

RM 178,000

RM 331 PSF

SERI SEMARAK in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 365K and a median price per square foot (PSF) of RM 465.

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 365K, with most transactions falling within a stable range of RM 305K to RM 425K, and a typical market range of RM 278K to RM 452K.

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

For price per square foot, the median is RM 465, with most transactions between RM 424 and RM 507. The usual range is RM 416.88 to RM 513.13, showing that most units are priced quite close to each other. With an IQR of RM 96.25 and MAD of RM 42, 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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SERI SEMARAK, Timur Laut, Penang

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

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Max Price (RM)

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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

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Road	Price	Land PSF	Land	Date	Type

550 sqft

RM 200,000

Level 12

538 sqft · RM 372 PSF

Dec 2022

RM 175,000

Level 9

538 sqft · RM 325 PSF

Oct 2022

RM 192,000

Level 16

538 sqft · RM 357 PSF

Jul 2022

RM 180,000

Level 12

538 sqft · RM 334 PSF

May 2022

RM 178,000

Level 1

538 sqft · RM 331 PSF

Mar 2022

Level 12	RM 200,000	RM 372	538 sqft	Dec 2022	Flat
Level 9	RM 175,000	RM 325	538 sqft	Oct 2022	Flat
Level 16	RM 192,000	RM 357	538 sqft	Jul 2022	Flat
Level 12	RM 180,000	RM 334	538 sqft	May 2022	Flat
Level 1	RM 178,000	RM 331	538 sqft	Mar 2022	Shop/Retail Lot