SERI SEMARAK

Area Intelligence
2024
Median Price
RM 600,000
PSF: RM 552

Residential PSF Trends

Median Price

RM 600,000

PSF: RM 552

Commercial PSF Trends

Median Price

RM 182,000

RM 339 PSF

SERI SEMARAK in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 552.

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 552, with most transactions between RM 552 and RM 552. The usual range is RM 503.88 to RM 600.13, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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SERI SEMARAK, Timur Laut, Penang

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