Area Intelligence

TMN SRI CERAYA

3 properties
Single Storey Terraced
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Median Price
RM 438,000
PSF: RM 342

Residential Market

Median Price

RM 438,000

IQR: RM 171
MAD: RM 80
RM 342 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 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 438K and a median price per square foot (PSF) of RM 342.

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 417K to RM 450K, and a typical market range of RM 400K to RM 450K.

Within the Single Storey Terraced category, low-cost flat dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 342, with core pricing between RM 301 and RM 383. Market pricing typically extends from RM 262.00 to RM 422.00, reflecting moderate variation in unit pricing. With an IQR of RM 160.00 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN SRI CERAYA, Seberang Perai Utara, Penang

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Transactions

3 properties grouped by size

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
1,550 sqft
1 units Single Storey Terraced
RM 400,000
LRG MERANTI 15
1,539 sqft · RM 260.00 PSF
Sep 2022