Area Intelligence

SERINA BAY

8 properties
2024
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Median Price
RM 379,000
PSF: RM 555

Residential Market

Median Price

RM 395,000

IQR: RM 100
MAD: RM 50
RM 565 PSF 5.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 212,500

IQR: RM 91
MAD: RM 50
RM 534 PSF 4.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SERINA BAY in Timur Laut, Penang recorded 8 subsale transactions in 2024, with a median price of RM 379K and a median price per square foot (PSF) of RM 555.

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 379K, with most transactions falling within a stable range of RM 296K to RM 450K, and a typical market range of RM 342K to RM 417K.

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

For price per square foot, the median is RM 555, with most transactions between RM 509 and RM 600. The usual range is RM 510.00 to RM 599.00, showing that most units are priced quite close to each other. With an IQR of RM 89.00 and MAD of RM 45, 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. 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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SERINA BAY, Timur Laut, Penang

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Transactions

8 properties grouped by size

400 sqft
2 units Shop/Retail Lot
RM 220,000
398 sqft · RM 552.00 PSF
Jul 2024
RM 205,000
398 sqft · RM 515.00 PSF
Apr 2024
700 sqft
6 units Flat
RM 400,000
700 sqft · RM 572.00 PSF
Oct 2024
RM 390,000
700 sqft · RM 557.00 PSF
Aug 2024
RM 450,000
700 sqft · RM 643.00 PSF
Aug 2024
RM 335,000
700 sqft · RM 479.00 PSF
Jul 2024
RM 368,000
700 sqft · RM 526.00 PSF
Apr 2024
RM 400,000
700 sqft · RM 572.00 PSF
Jan 2024