SERI SEMARAK

Area Intelligence
2024
Median Price
RM 265,000
PSF: RM 456

Residential PSF Trends

Median Price

RM 265,000

PSF: RM 456

Commercial PSF Trends

Median Price

RM 182,000

RM 339 PSF

SERI SEMARAK in Timur Laut, Penang recorded 16 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 456.

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 265K, with most transactions falling within a stable range of RM 220K to RM 280K, and a typical market range of RM 178K to RM 280K.

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

The median PSF stands at RM 456, with core pricing between RM 372 and RM 539. Market pricing typically extends from RM 407.38 to RM 503.63, reflecting moderate variation in unit pricing. The spread of RM 96.25 (IQR) and deviation of RM 83 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SERI SEMARAK, Timur Laut, Penang

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Transactions

9 transactions found

RM 250,000
Level 9
538 sqft RM 465.00 PSF
RM 220,000
Level 15
538 sqft RM 409.00 PSF
RM 280,000
Level 6
538 sqft RM 520.00 PSF
RM 250,000
Level 8
538 sqft RM 465.00 PSF
RM 145,000
Level 10
538 sqft RM 269.00 PSF
RM 160,000
Level 12
538 sqft RM 297.00 PSF
RM 240,000
Level 16
538 sqft RM 446.00 PSF
RM 200,000
Level 17
538 sqft RM 372.00 PSF
RM 163,000
Level 6
538 sqft RM 303.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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