Area Intelligence

SUNWAY CERIA

2 properties
2023
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Median Price
RM 290,000
PSF: RM 434

Residential Market

Median Price

RM 255,000

IQR: RM 23
MAD: RM 15
RM 395 PSF 7.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 325,000

IQR: RM 29
MAD: RM 7
RM 472 PSF 4.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SUNWAY CERIA in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 434.

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 290K, with most transactions falling within a stable range of RM 255K to RM 325K, and a typical market range of RM 255K to RM 325K.

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

For price per square foot, the median is RM 434, with most transactions between RM 395 and RM 472. The usual range is RM 391.75 to RM 475.25, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. 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 255,000
646 sqft · RM 395.00 PSF
Mar 2023
700 sqft
1 units Shop/Retail Lot
RM 325,000
689 sqft · RM 472.00 PSF
May 2023