SERI SEMARAK

Area Intelligence
Single Storey Shop
Median Price
RM 360,000
PSF: RM 462

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 465

Commercial PSF Trends

Median Price

RM 182,000

RM 339 PSF

SERI SEMARAK in Timur Laut, Penang recorded 0 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 360K and a median price per square foot (PSF) of RM 462.

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 300K to RM 420K, and a typical market range of RM 273K to RM 447K.

Within the Single Storey Shop category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 462, with most transactions between RM 420 and RM 503. The usual range is RM 413.38 to RM 509.63, 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.

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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