SERI SEMARAK

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.