SERI SEMARAK

Area Intelligence
2021
Median Price
RM 380,000
PSF: RM 484

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 484

Commercial PSF Trends

Median Price

RM 182,000

RM 339 PSF

SERI SEMARAK in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 484.

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.

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

For price per square foot, the median is RM 484, with most transactions between RM 484 and RM 484. The usual range is RM 435.88 to RM 532.13, showing that most units are priced quite close to each other. With an IQR of RM 96.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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SERI SEMARAK, Timur Laut, Penang

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