Area Intelligence

TAMAN SRI SERDANG

2 properties
2022
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Median Price
RM 415,000
PSF: RM 297

Residential Market

Median Price

RM 437,500

IQR: RM 85
MAD: RM 49
RM 157 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 415,000

IQR: RM 25
MAD: RM 25
RM 297 PSF

PSF Trends (2021-2025)

TAMAN SRI SERDANG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 415K and a median price per square foot (PSF) of RM 297.

This area contains both residential and commercial properties. View 4 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 415K, with most transactions falling within a stable range of RM 380K to RM 450K, and a typical market range of RM 380K to RM 450K.

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

For price per square foot, the median is RM 297, with most transactions between RM 272 and RM 322. The usual range is RM 235.13 to RM 358.88, showing that most units are priced quite close to each other. With an IQR of RM 123.75 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SRI SERDANG, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,400 sqft
2 units Double Storey Shop
RM 380,000
JALAN SERI SERDANG 3
1,399 sqft · RM 272.00 PSF
Sep 2022
RM 450,000
JALAN SERI SERDANG 3
1,399 sqft · RM 322.00 PSF
Mar 2022