Area Intelligence

SERI SEMARAK

13 properties
Low-Cost Flat
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Median Price
RM 200,000
PSF: RM 372

Residential Market

Median Price

RM 200,000

IQR: RM 76
MAD: RM 44
RM 372 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 13 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 200K and a median price per square foot (PSF) of RM 372.

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 200K, with most transactions falling within a stable range of RM 153K to RM 247K, and a typical market range of RM 130K to RM 280K.

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

Price per square foot shows a median of RM 372, though individual units vary from RM 284 to RM 460 in the core range. The broader market spans RM 319.25 to RM 424.75, indicating diverse property characteristics. The spread of RM 105.50 (IQR) and deviation of RM 88 (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.

Area Location

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SERI SEMARAK, Timur Laut, Penang

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Transactions

13 properties grouped by size

550 sqft
13 units (showing 6) Low-Cost Flat
RM 250,000
538 sqft · RM 465.00 PSF
Dec 2024
RM 220,000
538 sqft · RM 409.00 PSF
Nov 2024
RM 280,000
538 sqft · RM 520.00 PSF
Jul 2024
RM 250,000
538 sqft · RM 465.00 PSF
Jun 2024
RM 145,000
538 sqft · RM 269.00 PSF
Apr 2024
RM 160,000
538 sqft · RM 297.00 PSF
Apr 2024