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.

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

For price per square foot, the median is RM 572, with most transactions between RM 572 and RM 572. The usual range is RM 528.25 to RM 615.75, showing that most units are priced quite close to each other. With an IQR of RM 87.50 and MAD of RM 0, 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

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