Serina Bay
Timur Laut, Penang · High-rise (condo, apartment, flat) · Leasehold
Homes in Serina Bay have sold for a median of
RM377,000
RM539 psf on the recorded floor area
Half of the 43 recorded sales fell between RM345,000 and RM415,000. One in ten went under RM326,000, one in ten over RM450,000. Sales run from 12 March 2021 to 23 October 2025.
Up 17% from a RM337,500 median in 2021 to RM395,000 in 2024.
On mudah.my right now — 50 ads naming Serina Bay
Sellers are asking a median of
RM398 psf
That is -26% below the RM539 psf buyers actually paid here across all recorded sales. Same scheme, same kind of home, same floor-area basis.
Ads asking between RM350,000 and RM370,000 make up the middle half. An ad may still describe a renovated, larger or worse unit than the sales it is compared to, and mudah.my skews to owner and urgent sales — a figure a few percent under the record is common there.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM337,500 | RM482 psf | 6 |
| 2022 | RM377,000 | RM539 psf | 17 |
| 2023 | RM400,000 | RM571 psf | 11 |
| 2024 | RM395,000 | RM564 psf | 6 |
| 2025 | RM350,000 | RM500 psf | 3 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Serina Bay sits 79 of 154 in that set.
72 cheaper schemes above
69 dearer schemes below
Against Penang
Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Serina Bay’s own median is RM377,000 — higher than that state median. Full Penang table.
Cash and monthly on the RM377,000 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM37,700
- Transfer duty (MOT): RM6,540
- Loan duty (0.5%): RM1,697
- Total cash: RM45,937
- Qualifying first home: RM37,700 (duties exempt)
Monthly carry
- Instalment (35y @ 4.00%): RM1,502
- Total monthly: RM1,502
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Serina Bay sold for?
- A median of RM377,000 (RM539 psf), from 43 land-office transactions between 12 March 2021 and 23 October 2025.
- What is a typical band here?
- Half of recorded sales fell between RM345,000 and RM415,000. One in ten went under RM326,000; one in ten over RM450,000.
- Has the median moved?
- From RM337,500 in 2021 to RM395,000 in 2024 (+17%), using only years with five or more sales.
- How do live ads compare?
- Ads naming Serina Bay ask a median of RM398 psf — -26% versus the RM539 psf buyers paid here. Same scheme match; not a mark-up on every listing.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.