|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 5
|
RM 330,000
|
RM 472
|
700 sqft
|
|
Flat |
|
Level 16
|
RM 300,000
|
RM 429
|
700 sqft
|
|
Flat |
|
Level 16
|
RM 420,000
|
RM 600
|
700 sqft
|
|
Flat |
|
Level 20
|
RM 345,000
|
RM 493
|
700 sqft
|
|
Flat |
|
Level 24
|
RM 350,000
|
RM 500
|
700 sqft
|
|
Flat |
|
Level 11
|
RM 325,000
|
RM 465
|
700 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 337,500
RM 482 psfMedian transaction price
Jalan Serina Bay, 11600 Jelutong, Pulau Pinang, Malaysia
MapsSerina Bay in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 338K and a median price per square foot (PSF) of RM 482.
This area contains both residential and commercial properties. View 42 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 338K, with most transactions falling within a stable range of RM 300K to RM 375K, and a typical market range of RM 302K to RM 373K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 482, with core pricing between RM 429 and RM 536. Market pricing typically extends from RM 440.01 to RM 524.76, reflecting moderate variation in unit pricing. With an IQR of RM 84.75 and MAD of RM 53, 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.