TMN SRI CERAYA
Residential Market
Median Price
RM 419,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 450,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost Flat
5 properties
Median Price
RM 80,000
+11.8% CAGR
Median PSF
RM 133.00
+11.7% CAGR
Single Storey Terraced
3 properties
Median Price
RM 438,000
Median PSF
RM 342.00
Double Storey Shop
1 properties
Median Price
RM 450,000
Median PSF
RM 301.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Low-Cost Flat | 5 |
RM 80,000
|
+11.80% |
RM 133.00
|
+11.72% | |
Single Storey Terraced | 3 |
RM 438,000
|
- |
RM 342.00
|
- | |
Double Storey Shop | 1 |
RM 450,000
|
- |
RM 301.00
|
- |
TMN SRI CERAYA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 438K and a median price per square foot (PSF) of RM 301.
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 438K, with most transactions falling within a stable range of RM 295K to RM 450K, and a typical market range of RM 262K to RM 450K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 301, though individual units vary from RM 222 to RM 380 in the core range. The broader market spans RM 221.00 to RM 381.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 79) 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.
Filter by type, year, price, and size
Transactions
5 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Single Storey Terraced |
LRG MERANTI 17
|
RM 450,000
|
RM 351.00
|
1,281 sqft
|
Oct 2022
|
Single Storey Terraced |
LRG MERANTI 15
|
RM 400,000
|
RM 260.00
|
1,539 sqft
|
Sep 2022
|
Single Storey Terraced |
LORONG MERANTI 11
|
RM 438,000
|
RM 342.00
|
1,281 sqft
|
May 2022
|
Low-Cost Flat |
|
RM 80,000
|
RM 133.00
|
603 sqft
|
Feb 2022
|
Double Storey Shop |
LORONG MERANTI 11
|
RM 450,000
|
RM 301.00
|
1,496 sqft
|
Jan 2022
|