Area Intelligence

TMN SRI SERDANG

3 properties
2024
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Median Price
RM 400,000
PSF: RM 234

Residential Market

Median Price

RM 400,000

IQR: RM 69
MAD: RM 18
RM 234 PSF 5.8%

PSF Trends (2021-2025)

TMN SRI SERDANG in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 234.

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 400K, with most transactions falling within a stable range of RM 310K to RM 587K, and a typical market range of RM 348K to RM 452K.

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

The median PSF stands at RM 234, with core pricing between RM 196 and RM 272. Market pricing typically extends from RM 199.50 to RM 268.50, reflecting moderate variation in unit pricing. The spread of RM 69.00 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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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TMN SRI SERDANG, Seberang Perai Utara, Penang

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Transactions

3 properties found

Detached LORONG SERI SERDANG 2
RM 745,000
4,801 sqft May 2024
RM 155.00 PSF
Single Storey Terraced JLNG SERI SERDANG
RM 400,000
1,708 sqft Mar 2024
RM 234.00 PSF
Single Storey Terraced LORONG SRI SERDANG 1/3
RM 310,000
1,300 sqft Jan 2024
RM 238.00 PSF