Area Intelligence

SUNWAY CERIA

2 properties
2021
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Median Price
RM 270,000
PSF: RM 403

Residential Market

Median Price

RM 220,000

IQR: RM 23
MAD: RM 15
RM 341 PSF 7.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 320,000

IQR: RM 29
MAD: RM 7
RM 465 PSF 4.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SUNWAY CERIA in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 270K and a median price per square foot (PSF) of RM 403.

This area contains both residential and commercial properties. View 5 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 270K, with most transactions falling within a stable range of RM 220K to RM 320K, and a typical market range of RM 233K to RM 307K.

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

The median PSF stands at RM 403, with core pricing between RM 341 and RM 465. Market pricing typically extends from RM 361.25 to RM 444.75, reflecting moderate variation in unit pricing. The spread of RM 83.50 (IQR) and deviation of RM 62 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SUNWAY CERIA, Timur Laut, Penang

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Transactions

2 properties grouped by size

650 sqft
1 units Flat
RM 220,000
646 sqft · RM 341.00 PSF
Dec 2021
700 sqft
1 units Shop/Retail Lot
RM 320,000
689 sqft · RM 465.00 PSF
Oct 2021