SERINA BAY

SERINA BAY in Timur Laut, Penang recorded 20 subsale transactions in 2022, with a median price of RM 366K and a median price per square foot (PSF) of RM 534.

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 366K, with most transactions falling within a stable range of RM 328K to RM 404K, and a typical market range of RM 330K to RM 402K.

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

For price per square foot, the median is RM 534, with most transactions between RM 491 and RM 577. The usual range is RM 490.25 to RM 577.75, showing that most units are priced quite close to each other. With an IQR of RM 87.50 and MAD of RM 43, 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. Moderate transaction volume may require patience when buying or selling.