SERINA BAY

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 39 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 363K to RM 438K.

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 527.50 to RM 616.50, reflecting moderate variation in unit pricing. With an IQR of RM 89.00 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.