Area Intelligence

TMN SRI CERAYA

5 properties
Low-Cost Flat
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Median Price
RM 85,000
PSF: RM 141

Residential Market

Median Price

RM 85,000

IQR: RM 171
MAD: RM 80
RM 141 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 5 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 85K and a median price per square foot (PSF) of RM 141.

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 85K, with most transactions falling within a stable range of RM 80K to RM 123K, and a typical market range of RM 80K to RM 180K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 141, though individual units vary from RM 78 to RM 204 in the core range. The broader market spans RM 61.00 to RM 221.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 63) 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

5 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