SERI SEMARAK

SERI SEMARAK in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 365K 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 365K, with most transactions falling within a stable range of RM 266K to RM 445K, and a typical market range of RM 276K to RM 445K.

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

The median PSF stands at RM 465, with core pricing between RM 386 and RM 544. Market pricing typically extends from RM 412.25 to RM 517.75, reflecting moderate variation in unit pricing. The spread of RM 105.50 (IQR) and deviation of RM 79 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.