Area Intelligence

SERI SEMARAK

21 properties
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Median Price
RM 186,000
PSF: RM 346

Residential Market

Median Price

RM 192,000

IQR: RM 76
MAD: RM 44
RM 357 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 21 subsale transactions between 2021 and 2025, with a median price of RM 186K and a median price per square foot (PSF) of RM 346.

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 186K, with most transactions falling within a stable range of RM 148K to RM 224K, and a typical market range of RM 130K to RM 276K.

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

Price per square foot shows a median of RM 346, though individual units vary from RM 275 to RM 417 in the core range. The broader market spans RM 293.25 to RM 398.75, indicating diverse property characteristics. The spread of RM 105.50 (IQR) and deviation of RM 71 (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. 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

21 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 145,000
Low-Cost Flat
538 sqft · RM 269.00 PSF
Apr 2024
RM 160,000
Low-Cost Flat
538 sqft · RM 297.00 PSF
Apr 2024