Taman Seri Murai

Jalan Paboi, 14100 Simpang Ampat, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM498,000

RM325 psf

Median transaction price

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Jalan Paboi, 14100 Simpang Ampat, Pulau Pinang, Malaysia

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Taman Seri Murai in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2025, with a median price of RM498K and a median price per square foot (PSF) of RM325.

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 RM498K, with most transactions falling within a stable range of RM455K to RM541K, and a typical market range of RM476K to RM521K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM325, with most transactions between RM293 and RM357. The usual range is RM296.50 to RM353.50, showing that most units are priced quite close to each other. With an IQR of RM57.00 and MAD of RM32, 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.