TMN SERI MURNI

TMN SERI MURNI in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2023, with a median price of RM 495K and a median price per square foot (PSF) of RM 372.

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 495K, with most transactions falling within a stable range of RM 295K to RM 575K, and a typical market range of RM 287K to RM 575K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 372, though individual units vary from RM 270 to RM 474 in the core range. The broader market spans RM 281.63 to RM 462.38, indicating diverse property characteristics. A wider spread (IQR: RM 180.75) and deviation (MAD: RM 102) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.