SUNWAY CERIA

Area Intelligence
2023
Median Price
RM 290,000
PSF: RM 434

Residential PSF Trends

Median Price

RM 255,000

PSF: RM 395

Commercial PSF Trends

Median Price

RM 325,000

RM 472 PSF

SUNWAY CERIA in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 434.

This area contains both residential and commercial properties. View 5 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 290K, with most transactions falling within a stable range of RM 250K to RM 330K, and a typical market range of RM 253K to RM 327K.

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

The median PSF stands at RM 434, with core pricing between RM 387 and RM 480. Market pricing typically extends from RM 391.75 to RM 475.25, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 and MAD of RM 47, 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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SUNWAY CERIA, Timur Laut, Penang

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