Area Intelligence

SERI SEMARAK

44 properties
Flat
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Median Price
RM 375,000
PSF: RM 477

Residential Market

Median Price

RM 375,000

IQR: RM 76
MAD: RM 44
RM 477 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 44 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 375K and a median price per square foot (PSF) of RM 477.

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 375K, with most transactions falling within a stable range of RM 293K to RM 457K, and a typical market range of RM 286K to RM 465K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

The median PSF stands at RM 477, with core pricing between RM 414 and RM 540. Market pricing typically extends from RM 424.25 to RM 529.75, reflecting moderate variation in unit pricing. With an IQR of RM 105.50 and MAD of RM 63, 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

44 properties grouped by size

550 sqft
6 units Flat
RM 176,000
538 sqft · RM 327.00 PSF
May 2023
RM 200,000
538 sqft · RM 372.00 PSF
Dec 2022
RM 175,000
538 sqft · RM 325.00 PSF
Oct 2022
RM 192,000
538 sqft · RM 357.00 PSF
Jul 2022
RM 180,000
538 sqft · RM 334.00 PSF
May 2022
RM 180,000
538 sqft · RM 334.00 PSF
Aug 2021
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