Taman Seri Teratai in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM831K and a median price per square foot (PSF) of RM384.

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 RM831K, with most transactions falling within a stable range of RM820K to RM842K, and a typical market range of RM826K to RM836K.

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

For price per square foot, the median is RM384, with most transactions between RM379 and RM389. The usual range is RM375.22 to RM392.97, showing that most units are priced quite close to each other. A typical spread (IQR) of RM17.75 and an average deviation (MAD) of RM5 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.