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 350K to RM 395K, and a typical market range of RM 350K to RM 445K.
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 427 and RM 503. 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 38, 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.
