Penang
Timur Laut
13
SERI SEMARAK

SERI SEMARAK

Area Intelligence

2023

Median Price

RM 360,000

PSF: RM 458

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Residential PSF Trends

Median Price

RM 364,000

PSF: RM 463

Commercial PSF Trends

Median Price

RM 186,000

RM 346 PSF

SERI SEMARAK in Timur Laut, Penang recorded 23 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 458.

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 360K, with most transactions falling within a stable range of RM 325K to RM 233K, and a typical market range of RM 273K to RM 233K.

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

The median PSF stands at RM 458, with core pricing between RM 393 and RM 523. Market pricing typically extends from RM 409.88 to RM 506.13, reflecting moderate variation in unit pricing. With an IQR of RM 96.25 and MAD of RM 65, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

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SERI SEMARAK, Timur Laut, Penang

OSM

Track location

Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

550 sqft

RM 140,000

Level 6

538 sqft · RM 260 PSF

Dec 2023

RM 130,000

Level 13

538 sqft · RM 242 PSF

Dec 2023

RM 200,000

Level 3

538 sqft · RM 372 PSF

Oct 2023

RM 186,000

Level 1

538 sqft · RM 346 PSF

Oct 2023

RM 233,000

Level 15

538 sqft · RM 433 PSF

Aug 2023

RM 176,000

Level 15

538 sqft · RM 327 PSF

May 2023

Level 6	RM 140,000	RM 260	538 sqft	Dec 2023	Low-Cost Flat
Level 13	RM 130,000	RM 242	538 sqft	Dec 2023	Low-Cost Flat
Level 3	RM 200,000	RM 372	538 sqft	Oct 2023	Low-Cost Flat
Level 1	RM 186,000	RM 346	538 sqft	Oct 2023	Shop/Retail Lot
Level 15	RM 233,000	RM 433	538 sqft	Aug 2023	Low-Cost Flat
Level 15	RM 176,000	RM 327	538 sqft	May 2023	Flat