Area Intelligence

TAMAN SERI TERATAI

4 properties
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Median Price
RM 820,000
PSF: RM 586

Residential Market

Median Price

RM 820,000

IQR: RM 18
MAD: RM 8
RM 586 PSF 6.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SERI TERATAI in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 820K and a median price per square foot (PSF) of RM 586.

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 820K, with most transactions falling within a stable range of RM 810K to RM 830K, and a typical market range of RM 815K to RM 825K.

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

For price per square foot, the median is RM 586, with most transactions between RM 578 and RM 594. The usual range is RM 577.13 to RM 594.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.75 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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.

Area Location

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TAMAN SERI TERATAI, Seberang Perai Utara, Penang

OSM

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Transactions

4 properties grouped by size

1,400 sqft
3 units Double Storey Terraced
RM 842,000
LRG TERATAI
1,399 sqft · RM 602.00 PSF
Jul 2023
RM 820,000
LORONG TERATAI
1,399 sqft · RM 586.00 PSF
Feb 2023
RM 820,000
JLN TERATAI 3
1,399 sqft · RM 586.00 PSF
Apr 2022
1,500 sqft
1 units Double Storey Terraced
RM 800,000
LINTANG TERATAI
1,507 sqft · RM 531.00 PSF
Aug 2022