SERI SEMARAK

Area Intelligence
2021
Median Price
RM 380,000
PSF: RM 484

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 484

Commercial PSF Trends

Median Price

RM 182,000

RM 339 PSF

SERI SEMARAK in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 484.

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 380K, with most transactions falling within a stable range of RM 320K to RM 440K, and a typical market range of RM 293K to RM 467K.

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

For price per square foot, the median is RM 484, with most transactions between RM 443 and RM 526. The usual range is RM 435.88 to RM 532.13, showing that most units are priced quite close to each other. With an IQR of RM 96.25 and MAD of RM 42, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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SERI SEMARAK, Timur Laut, Penang

OSM

Track location

Transactions

3 transactions grouped by size

550 sqft
Flat
RM 180,000
Level 4
538 sqft · RM 334 PSF
800 sqft
Flat
RM 380,000
Level 10
786 sqft · RM 484 PSF
RM 420,000
Level 21
786 sqft · RM 535 PSF

No Properties For Sale

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

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