Area Intelligence

TAMAN SERI IPIL

8 properties
2023
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Median Price
RM 474,000
PSF: RM 202

Residential Market

Median Price

RM 474,000

IQR: RM 70
MAD: RM 36
RM 202 PSF 13.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SERI IPIL in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2023, with a median price of RM 474K and a median price per square foot (PSF) of RM 202.

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 474K, with most transactions falling within a stable range of RM 398K to RM 550K, and a typical market range of RM 439K to RM 509K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 202, with core pricing between RM 171 and RM 232. Market pricing typically extends from RM 183.75 to RM 219.25, reflecting moderate variation in unit pricing. The spread of RM 35.50 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SERI IPIL, Seberang Perai Selatan, Penang

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Transactions

8 properties grouped by size

1,700 sqft
2 units Single Storey Terraced
RM 380,000
LORONG SERI IPIL 1
1,701 sqft · RM 223.00 PSF
Jul 2023
RM 365,000
LORONG SERI IPIL 1
1,690 sqft · RM 216.00 PSF
Jan 2023
1,750 sqft
2 units Single Storey Terraced
RM 450,000
LORONG SERI IPIL 1
1,733 sqft · RM 260.00 PSF
Jun 2023
RM 430,000
LORONG SERI IPIL 1
1,733 sqft · RM 248.00 PSF
Jan 2023
2,800 sqft
3 units Single Storey Semi-D
RM 498,000
TAMAN SERI IPIL FASA 2
2,788 sqft · RM 179.00 PSF
Dec 2023
RM 520,000
TAMAN SERI IPIL FASA 2
2,788 sqft · RM 187.00 PSF
Dec 2023
RM 520,000
JALAN TELUK IPIL
2,809 sqft · RM 185.00 PSF
Dec 2023
3,500 sqft
1 units Detached
RM 610,000
TAMAN SERI IPIL 2
3,477 sqft · RM 175.00 PSF
Dec 2023