SERI SEMARAK

Area Intelligence
2024
Median Price
RM 265,000
PSF: RM 456

Residential PSF Trends

Median Price

RM 265,000

PSF: RM 456

Commercial PSF Trends

Median Price

RM 182,000

RM 339 PSF

SERI SEMARAK in Timur Laut, Penang recorded 16 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 456.

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 265K, with most transactions falling within a stable range of RM 145K to RM 386K, and a typical market range of RM 178K to RM 352K.

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

The median PSF stands at RM 456, with core pricing between RM 366 and RM 545. Market pricing typically extends from RM 407.38 to RM 503.63, reflecting moderate variation in unit pricing. The spread of RM 96.25 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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SERI SEMARAK, Timur Laut, Penang

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Transactions

16 transactions grouped by size

550 sqft
Low-Cost Flat
RM 250,000
Level 9
538 sqft · RM 465 PSF
RM 220,000
Level 15
538 sqft · RM 409 PSF
RM 280,000
Level 6
538 sqft · RM 520 PSF
RM 250,000
Level 8
538 sqft · RM 465 PSF
RM 145,000
Level 10
538 sqft · RM 269 PSF
RM 160,000
Level 12
538 sqft · RM 297 PSF
800 sqft
Flat
RM 430,000
Level 21
786 sqft · RM 547 PSF
RM 420,000
Level 22
786 sqft · RM 535 PSF
RM 350,000
Level 6
786 sqft · RM 445 PSF
RM 430,000
Level 22
786 sqft · RM 547 PSF
RM 348,000
Level 5
786 sqft · RM 443 PSF
RM 370,000
Level 10
786 sqft · RM 471 PSF
1,100 sqft
Flat
RM 600,000
Level 12
1,087 sqft · RM 552 PSF

No Properties For Sale

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

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