Area Intelligence

SERI SEMARAK

59 properties
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Median Price
RM 360,000
PSF: RM 465

Residential Market

Median Price

RM 360,000

IQR: RM 76
MAD: RM 44
RM 465 PSF 2.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 182,000

IQR: RM 8
MAD: RM 8
RM 339 PSF 4.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SERI SEMARAK in Timur Laut, Penang recorded 59 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 465.

This area contains both residential and commercial properties. View 57 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 300K to RM 420K, and a typical market range of RM 271K to RM 450K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 465, with most transactions between RM 421 and RM 509. The usual range is RM 412.25 to RM 517.75, showing that most units are priced quite close to each other. With an IQR of RM 105.50 and MAD of RM 44, 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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SERI SEMARAK, Timur Laut, Penang

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Transactions

59 properties found

Flat
RM 395,000
786 sqft May 2022
RM 503.00 PSF
Flat
RM 180,000
538 sqft May 2022
RM 334.00 PSF
Flat
RM 360,000
786 sqft Apr 2022
RM 458.00 PSF
Flat
RM 406,000
786 sqft Apr 2022
RM 517.00 PSF
Shop/Retail Lot
RM 178,000
538 sqft Mar 2022
RM 331.00 PSF
Flat
RM 365,000
786 sqft Feb 2022
RM 465.00 PSF
Flat
RM 420,000
786 sqft Dec 2021
RM 535.00 PSF
Flat
RM 380,000
786 sqft Dec 2021
RM 484.00 PSF
Flat
RM 180,000
538 sqft Aug 2021
RM 334.00 PSF