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Market Snapshot
CommercialRM 360,000
RM 187 psfMedian transaction price
Taman Serai Muda (Serai Damai) in Kerian, Perak recorded 0 subsale transactions in 2024, with a median price of RM 275K and a median price per square foot (PSF) of RM 172.
This area contains both residential and commercial properties. View 5 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 275K, with most transactions falling within a stable range of RM 202K to RM 349K, and a typical market range of RM 215K to RM 335K.
Most transactions involved terraced factory/warehouse, with high diversity across multiple property types.
Price per square foot shows a median of RM 172, though individual units vary from RM 132 to RM 211 in the core range. The broader market spans RM 133.63 to RM 209.38, indicating diverse property characteristics. The spread of RM 75.75 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.