Area Intelligence

TMN SRI CERAYA

3 properties
2024
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Median Price
RM 100,000
PSF: RM 166

Residential Market

Median Price

RM 100,000

IQR: RM 171
MAD: RM 80
RM 166 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 3 subsale transactions in 2024, with a median price of RM 100K and a median price per square foot (PSF) of RM 166.

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 100K, with most transactions falling within a stable range of RM 85K to RM 142K, and a typical market range of RM 85K to RM 180K.

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

Price per square foot shows a median of RM 166, though individual units vary from RM 97 to RM 235 in the core range. The broader market spans RM 86.00 to RM 246.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 69) 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

3 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