SERI SEMARAK in Timur Laut, Penang recorded 16 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 456.
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 265K, with most transactions falling within a stable range of RM 348K to RM 301K, and a typical market range of RM 348K to RM 352K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 456, with core pricing between RM 409 and RM 502. Market pricing typically extends from RM 407.38 to RM 503.63, reflecting moderate variation in unit pricing. With an IQR of RM 96.25 and MAD of RM 46, 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.
