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Market Snapshot
ResidentialRM 290,500
RM 138 psfMedian transaction price
TAMAN SERAI SEMAMBU, Bagan Serai, Kerian, Perak, Malaysia
Taman Serai Semambu in Kerian, Perak recorded 2 subsale transactions in 2023, with a median price of RM 291K and a median price per square foot (PSF) of RM 138.
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 291K, with most transactions falling within a stable range of RM 242K to RM 339K, and a typical market range of RM 276K to RM 306K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 138, though individual units vary from RM 108 to RM 169 in the core range. The broader market spans RM 105.45 to RM 171.45, indicating diverse property characteristics. The spread of RM 66.00 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.
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.