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 found

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