SERINA BAY

Area Intelligence
2022
Median Price
RM 366,000
PSF: RM 534

Residential PSF Trends

Median Price

RM 377,000

PSF: RM 539

Commercial PSF Trends

Median Price

RM 195,000

RM 490 PSF

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 286K to RM 446K, and a typical market range of RM 330K to RM 402K.

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

The median PSF stands at RM 534, with core pricing between RM 464 and RM 604. Market pricing typically extends from RM 490.25 to RM 577.75, reflecting moderate variation in unit pricing. With an IQR of RM 87.50 and MAD of RM 70, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

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SERINA BAY, Timur Laut, Penang

OSM

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Transactions

20 transactions grouped by size

400 sqft
Shop/Retail Lot
RM 175,000
Level 1
398 sqft · RM 439 PSF
RM 195,000
Level G
398 sqft · RM 490 PSF
RM 220,000
Level G
398 sqft · RM 552 PSF
700 sqft
Flat
RM 350,000
Level 5
700 sqft · RM 500 PSF
RM 420,000
Level 20
700 sqft · RM 600 PSF
RM 450,000
Level 6
700 sqft · RM 643 PSF
RM 370,000
Level 19
700 sqft · RM 529 PSF
RM 450,000
Level 15
700 sqft · RM 643 PSF
RM 450,000
Level 14
700 sqft · RM 643 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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