Seri semarak apartment

Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

16 subsales grouped by size

Median
RM365,000
PSF
RM465
Price Size
Period
transactions middle 50% (P25–P75)
RM200,000
Level 12
538 sqft · RM372 PSF
RM175,000
Level 9
538 sqft · RM325 PSF
RM192,000
Level 16
538 sqft · RM357 PSF
RM180,000
Level 12
538 sqft · RM334 PSF
RM178,000
Level 1
538 sqft · RM331 PSF
800 sqft
Flat
RM380,000
Level 4
786 sqft · RM484 PSF
RM445,000
Level 11
786 sqft · RM566 PSF
RM365,000
Level 12
786 sqft · RM465 PSF
RM350,000
Level 5
786 sqft · RM445 PSF
RM430,000
Level 8
786 sqft · RM547 PSF
RM420,000
Level 7
786 sqft · RM535 PSF
+5 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM365,000

RM465 psf

Median transaction price

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Seri semarak apartment, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Seri semarak apartment in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM365K and a median price per square foot (PSF) of RM465.

This area contains both residential and commercial properties. View 68 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 RM365K, with most transactions falling within a stable range of RM266K to RM445K, and a typical market range of RM276K to RM445K.

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

The median PSF stands at RM465, with core pricing between RM386 and RM543. Market pricing typically extends from RM409.14 to RM519.89, reflecting moderate variation in unit pricing. The spread of RM110.75 (IQR) and deviation of RM79 (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.