Area Intelligence

SERINA BAY

6 properties
2021
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Median Price
RM 337,500
PSF: RM 483

Residential Market

Median Price

RM 337,500

IQR: RM 100
MAD: RM 50
RM 483 PSF 5.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 200,000

IQR: RM 91
MAD: RM 50
RM 503 PSF 4.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SERINA BAY in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 338K and a median price per square foot (PSF) of RM 483.

This area contains both residential and commercial properties. View 39 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 338K, with most transactions falling within a stable range of RM 300K to RM 375K, and a typical market range of RM 300K to RM 375K.

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

The median PSF stands at RM 483, with core pricing between RM 430 and RM 535. Market pricing typically extends from RM 438.00 to RM 527.00, reflecting moderate variation in unit pricing. With an IQR of RM 89.00 and MAD of RM 53, 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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SERINA BAY, Timur Laut, Penang

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Transactions

6 properties found

Flat
RM 330,000
700 sqft Dec 2021
RM 472.00 PSF
Flat
RM 300,000
700 sqft Dec 2021
RM 429.00 PSF
Flat
RM 420,000
700 sqft Nov 2021
RM 600.00 PSF
Flat
RM 345,000
700 sqft Nov 2021
RM 493.00 PSF
Flat
RM 350,000
700 sqft May 2021
RM 500.00 PSF
Flat
RM 325,000
700 sqft Mar 2021
RM 465.00 PSF