SERI SEMARAK

SERI SEMARAK in Timur Laut, Penang recorded 16 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 456.

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 265K, with most transactions falling within a stable range of RM 145K to RM 386K, and a typical market range of RM 176K to RM 355K.

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

The median PSF stands at RM 456, with core pricing between RM 366 and RM 545. Market pricing typically extends from RM 402.75 to RM 508.25, reflecting moderate variation in unit pricing. The spread of RM 105.50 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.

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.