Penang
Timur Laut
13
SUNWAY CERIA

SUNWAY CERIA

Area Intelligence

2022

Median Price

RM 245,000

PSF: RM 380

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Residential PSF Trends

Median Price

RM 245,000

PSF: RM 380

Commercial PSF Trends

Median Price

RM 325,000

RM 472 PSF

SUNWAY CERIA in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 245K and a median price per square foot (PSF) of RM 380.

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 245K, with most transactions falling within a stable range of RM 240K to RM 250K, and a typical market range of RM 240K to RM 250K.

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

For price per square foot, the median is RM 380, with most transactions between RM 372 and RM 387. The usual range is RM 337.75 to RM 421.25, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 8, 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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