Area Intelligence

TMN SRI CERAYA

9 properties
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Median Price
RM 180,000
PSF: RM 260

Residential Market

Median Price

RM 140,000

IQR: RM 171
MAD: RM 80
RM 213 PSF 25.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 450,000

RM 301 PSF

PSF Trends (2021-2025)

TMN SRI CERAYA in Seberang Perai Utara, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 260.

This area contains both residential and commercial properties. View 8 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 80K to RM 280K, and a typical market range of RM 80K to RM 357K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 260, though individual units vary from RM 169 to RM 351 in the core range. The broader market spans RM 180.00 to RM 340.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 91) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SRI CERAYA, Seberang Perai Utara, Penang

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Transactions

9 properties grouped by size

600 sqft
5 units Low-Cost Flat
RM 180,000
603 sqft · RM 299.00 PSF
Aug 2024
RM 85,000
603 sqft · RM 141.00 PSF
Jun 2024
RM 100,000
603 sqft · RM 166.00 PSF
Apr 2024
RM 80,000
603 sqft · RM 133.00 PSF
Jul 2023
RM 80,000
603 sqft · RM 133.00 PSF
Feb 2022
1,300 sqft
2 units Single Storey Terraced
RM 450,000
LRG MERANTI 17
1,281 sqft · RM 351.00 PSF
Oct 2022
RM 438,000
LORONG MERANTI 11
1,281 sqft · RM 342.00 PSF
May 2022
1,500 sqft
1 units Double Storey Shop
RM 450,000
LORONG MERANTI 11
1,496 sqft · RM 301.00 PSF
Jan 2022
1,550 sqft
1 units Single Storey Terraced
RM 400,000
LRG MERANTI 15
1,539 sqft · RM 260.00 PSF
Sep 2022