SERINA BAY

Area Intelligence

2021

Median Price

RM 337,500

PSF: RM 483

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Residential PSF Trends

Median Price

RM 337,500

PSF: RM 483

Commercial PSF Trends

Median Price

RM 200,000

RM 503 PSF

SERINA 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 483.

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 338K, with most transactions falling within a stable range of RM 300K to RM 375K, and a typical market range of RM 301K to RM 374K.

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

The median PSF stands at RM 483, with core pricing between RM 430 and RM 535. Market pricing typically extends from RM 438.75 to RM 526.25, reflecting moderate variation in unit pricing. With an IQR of RM 87.50 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.

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SERINA BAY, Timur Laut, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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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

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 330,000

Level 5

700 sqft · RM 472 PSF

Dec 2021

RM 300,000

Level 16

700 sqft · RM 429 PSF

Dec 2021

RM 420,000

Level 16

700 sqft · RM 600 PSF

Nov 2021

RM 345,000

Level 20

700 sqft · RM 493 PSF

Nov 2021

RM 350,000

Level 24

700 sqft · RM 500 PSF

May 2021

RM 325,000

Level 11

700 sqft · RM 465 PSF

Mar 2021

Level 5	RM 330,000	RM 472	700 sqft	Dec 2021
Level 16	RM 300,000	RM 429	700 sqft	Dec 2021
Level 16	RM 420,000	RM 600	700 sqft	Nov 2021
Level 20	RM 345,000	RM 493	700 sqft	Nov 2021
Level 24	RM 350,000	RM 500	700 sqft	May 2021
Level 11	RM 325,000	RM 465	700 sqft	Mar 2021