Taman Seri Pengkalan

Lot 559, Jln Sungai Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 717,500
PSF
RM 433
Price Size
1,650 sqft
2-Sty Terrace
RM 710,000
Lorong Seri Pengkalan 2
1,658 sqft · RM 428 PSF
RM 680,000
Lorong Seri Pengkalan 2
1,658 sqft · RM 410 PSF
RM 725,000
Lorong Seri Pengkalan 2
1,658 sqft · RM 437 PSF
RM 640,000
Lorong Seri Pengkalan 1
1,658 sqft · RM 386 PSF
RM 728,000
Lorong Seri Pengkalan 2
1,658 sqft · RM 439 PSF
RM 735,000
Lorong Seri Pengkalan 2
1,658 sqft · RM 443 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 717,500

RM 433 psf

Median transaction price

Taman Seri Pengkalan
© OpenStreetMap · CARTO

Lot 559, Jln Sungai Rambai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Seri Pengkalan in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 718K and a median price per square foot (PSF) of RM 433.

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 718K, with most transactions falling within a stable range of RM 684K to RM 735K, and a typical market range of RM 674K to RM 735K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 433, with most transactions between RM 413 and RM 453. The usual range is RM 391.84 to RM 473.84, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 20, 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.