Taman Seri Pengkalan
Lot 559, Jln Sungai Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Lot 559, Jln Sungai Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong Seri Pengkalan 2
|
RM 590,000
|
RM 356
|
1,658 sqft
|
|
2-Sty Terrace |
|
Lorong Seri Pengkalan 1
|
RM 610,000
|
RM 368
|
1,658 sqft
|
|
2-Sty Terrace |
|
Lorong Seri Pengkalan 1
|
RM 680,000
|
RM 410
|
1,658 sqft
|
|
2-Sty Terrace |
|
Lorong Seri Pengkalan 1
|
RM 555,000
|
RM 335
|
1,658 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 600,000
RM 362 psfMedian transaction price
Lot 559, Jln Sungai Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Seri Pengkalan in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 362.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 555K to RM 646K, and a typical market range of RM 556K to RM 644K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 362, with most transactions between RM 334 and RM 389. The usual range is RM 320.96 to RM 402.96, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 28, 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.