Penang
Timur Laut
13
SERI SEMARAK

SERI SEMARAK

Area Intelligence

2022

Median Price

RM 365,000

PSF: RM 465

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Residential PSF Trends

Median Price

RM 365,000

PSF: RM 465

Commercial PSF Trends

Median Price

RM 178,000

RM 331 PSF

SERI SEMARAK in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 365K and a median price per square foot (PSF) of RM 465.

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 365K, with most transactions falling within a stable range of RM 350K to RM 395K, and a typical market range of RM 350K to RM 445K.

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

For price per square foot, the median is RM 465, with most transactions between RM 427 and RM 503. The usual range is RM 416.88 to RM 513.13, showing that most units are priced quite close to each other. With an IQR of RM 96.25 and MAD of RM 38, 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

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Transactions

11 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)

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Road	Price	Land PSF	Land	Date	Type

800 sqft

Flat

800 sqft

Flat

RM 380,000

Level 4

786 sqft · RM 484 PSF

Dec 2022

RM 445,000

Level 11

786 sqft · RM 566 PSF

Dec 2022

RM 365,000

Level 12

786 sqft · RM 465 PSF

Dec 2022

RM 350,000

Level 5

786 sqft · RM 445 PSF

Aug 2022

RM 430,000

Level 8

786 sqft · RM 547 PSF

Aug 2022

RM 420,000

Level 7

786 sqft · RM 535 PSF

Jul 2022

Level 4	RM 380,000	RM 484	786 sqft	Dec 2022
Level 11	RM 445,000	RM 566	786 sqft	Dec 2022
Level 12	RM 365,000	RM 465	786 sqft	Dec 2022
Level 5	RM 350,000	RM 445	786 sqft	Aug 2022
Level 8	RM 430,000	RM 547	786 sqft	Aug 2022
Level 7	RM 420,000	RM 535	786 sqft	Jul 2022