TMN SRI SERDANG

TMN SRI SERDANG in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2023, with a median price of RM 399K and a median price per square foot (PSF) of RM 245.

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 399K, with most transactions falling within a stable range of RM 258K to RM 540K, and a typical market range of RM 347K to RM 451K.

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

Price per square foot shows a median of RM 245, though individual units vary from RM 181 to RM 309 in the core range. The broader market spans RM 210.50 to RM 279.50, indicating diverse property characteristics. A wider spread (IQR: RM 69.00) and deviation (MAD: RM 64) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.