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

OSM

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Transactions

59 properties grouped by size

550 sqft
21 units (showing 6)
RM 250,000
Low-Cost Flat
538 sqft · RM 465.00 PSF
Dec 2024
RM 220,000
Low-Cost Flat
538 sqft · RM 409.00 PSF
Nov 2024
RM 280,000
Low-Cost Flat
538 sqft · RM 520.00 PSF
Jul 2024
RM 250,000
Low-Cost Flat
538 sqft · RM 465.00 PSF
Jun 2024
RM 160,000
Low-Cost Flat
538 sqft · RM 297.00 PSF
Apr 2024
RM 145,000
Low-Cost Flat
538 sqft · RM 269.00 PSF
Apr 2024
800 sqft
37 units (showing 6) Flat
RM 360,000
786 sqft · RM 458.00 PSF
Feb 2025
RM 430,000
786 sqft · RM 547.00 PSF
Oct 2024
RM 420,000
786 sqft · RM 535.00 PSF
Aug 2024
RM 350,000
786 sqft · RM 445.00 PSF
Jun 2024
RM 430,000
786 sqft · RM 547.00 PSF
Mar 2024
RM 348,000
786 sqft · RM 443.00 PSF
Feb 2024
1,100 sqft
1 units Flat
RM 600,000
1,087 sqft · RM 552.00 PSF
Apr 2024