Serina Bay

Jalan Serina Bay, 11600 Jelutong, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size

Median
RM400,000
PSF
RM572
Price Size
Period
transactions middle 50% (P25–P75)
400 sqft
Shop
RM155,000
Level G
398 sqft · RM389 PSF
700 sqft
Flat
RM400,000
Level 4
700 sqft · RM572 PSF
RM420,000
Level 16
700 sqft · RM600 PSF
RM390,000
Level 22
700 sqft · RM557 PSF
RM360,000
Level 12
700 sqft · RM515 PSF
RM410,000
Level 15
700 sqft · RM586 PSF
RM400,000
Level 14
700 sqft · RM572 PSF
+4 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM400,000

RM572 psf

Median transaction price

Low

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Serina Bay
© OpenStreetMap · CARTO

Jalan Serina Bay, 11600 Jelutong, Pulau Pinang, Malaysia

Maps

Serina Bay in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM400K and a median price per square foot (PSF) of RM572.

This area contains both residential and commercial properties. View 42 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 RM400K, with most transactions falling within a stable range of RM321K to RM450K, and a typical market range of RM364K to RM436K.

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

The median PSF stands at RM572, with core pricing between RM498 and RM646. Market pricing typically extends from RM529.34 to RM614.09, reflecting moderate variation in unit pricing. With an IQR of RM84.75 and MAD of RM74, 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.