SERINA BAY

Area Intelligence

2023

Median Price

RM 400,000

PSF: RM 572

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 572

Commercial PSF Trends

Median Price

RM 155,000

RM 389 PSF

SERINA BAY in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 572.

This area contains both residential and commercial properties. View 41 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 321K to RM 450K, and a typical market range of RM 364K to RM 436K.

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

The median PSF stands at RM 572, with core pricing between RM 498 and RM 646. Market pricing typically extends from RM 528.25 to RM 615.75, reflecting moderate variation in unit pricing. With an IQR of RM 87.50 and MAD of RM 74, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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SERINA BAY, Timur Laut, Penang

OSM

Track location

Transactions

11 transactions found

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)

Clear

RM 400,000

Level 4

700 sqft • RM 572.00 PSF

Oct 2023

RM 420,000

Level 16

700 sqft • RM 600.00 PSF

Sep 2023

RM 390,000

Level 22

700 sqft • RM 557.00 PSF

Aug 2023

RM 360,000

Level 12

700 sqft • RM 515.00 PSF

Jul 2023

RM 410,000

Level 15

700 sqft • RM 586.00 PSF

Jul 2023

RM 155,000

Level G

398 sqft • RM 389.00 PSF

Jun 2023

RM 400,000

Level 14

700 sqft • RM 572.00 PSF

May 2023

RM 315,000

Level 23

700 sqft • RM 450.00 PSF

May 2023

RM 450,000

Level 7

700 sqft • RM 643.00 PSF

Apr 2023

RM 450,000

Level 22

700 sqft • RM 643.00 PSF

Apr 2023

RM 360,000

Level 23

700 sqft • RM 515.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 4	RM 400,000	RM 572.00	700 sqft	Oct 2023	Flat
Level 16	RM 420,000	RM 600.00	700 sqft	Sep 2023	Flat
Level 22	RM 390,000	RM 557.00	700 sqft	Aug 2023	Flat
Level 12	RM 360,000	RM 515.00	700 sqft	Jul 2023	Flat
Level 15	RM 410,000	RM 586.00	700 sqft	Jul 2023	Flat
Level G	RM 155,000	RM 389.00	398 sqft	Jun 2023	Shop/Retail Lot
Level 14	RM 400,000	RM 572.00	700 sqft	May 2023	Flat
Level 23	RM 315,000	RM 450.00	700 sqft	May 2023	Flat
Level 7	RM 450,000	RM 643.00	700 sqft	Apr 2023	Flat
Level 22	RM 450,000	RM 643.00	700 sqft	Apr 2023	Flat
Level 23	RM 360,000	RM 515.00	700 sqft	Jan 2023	Flat