SUNWAY CERIA

Area Intelligence
2021
Median Price
RM 270,000
PSF: RM 403

Residential PSF Trends

Median Price

RM 220,000

PSF: RM 341

Commercial PSF Trends

Median Price

RM 320,000

RM 465 PSF

SUNWAY CERIA in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 270K and a median price per square foot (PSF) of RM 403.

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.

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

For price per square foot, the median is RM 403, with most transactions between RM 403 and RM 403. The usual range is RM 361.25 to RM 444.75, showing that most units are priced quite close to each other. With an IQR of RM 83.50 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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SUNWAY CERIA, Timur Laut, Penang

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