SERI TAMAN TANJUNG

Area Intelligence
2022
Median Price
RM 225,000
PSF: RM 385

Residential PSF Trends

Median Price

RM 225,000

PSF: RM 385

SERI TAMAN TANJUNG in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 385.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 225K, with most transactions falling within a stable range of RM 210K to RM 240K, and a typical market range of RM 204K to RM 247K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 385, with most transactions between RM 355 and RM 415. The usual range is RM 356.00 to RM 414.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 30, 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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SERI TAMAN TANJUNG, Timur Laut, Penang

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