Pangsapuri Sri Mekar
16, Jalan Perusahaan Ringan 1, Kawasan Perindustrian Mak Mandin, 13400 Butterworth, Pulau Pinang, Malaysia
16, Jalan Perusahaan Ringan 1, Kawasan Perindustrian Mak Mandin, 13400 Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 7
|
RM 270,000
|
RM 302
|
893 sqft
|
|
Condo |
|
Level 6
|
RM 350,000
|
RM 392
|
893 sqft
|
|
Condo |
|
Level 3
|
RM 390,000
|
RM 403
|
969 sqft
|
|
Condo |
| 2024 | |||||
|
Level 6
|
RM 340,000
|
RM 381
|
893 sqft
|
|
Condo |
|
Level 6
|
RM 320,000
|
RM 330
|
969 sqft
|
|
Condo |
|
Level 6
|
RM 340,000
|
RM 381
|
893 sqft
|
|
Condo |
| 2023 | |||||
|
Level 6
|
RM 280,000
|
RM 313
|
893 sqft
|
|
Condo |
|
Level 7
|
RM 330,000
|
RM 316
|
1,044 sqft
|
|
Condo |
|
Level 4
|
RM 290,000
|
RM 299
|
969 sqft
|
|
Condo |
|
Level 2
|
RM 290,000
|
RM 325
|
893 sqft
|
|
Condo |
|
Level 8
|
RM 285,000
|
RM 319
|
893 sqft
|
|
Condo |
| 2022 | |||||
|
Level 6
|
RM 285,000
|
RM 294
|
969 sqft
|
|
Condo |
|
Level 7
|
RM 285,000
|
RM 319
|
893 sqft
|
|
Condo |
|
Level 2
|
RM 318,000
|
RM 328
|
969 sqft
|
|
Condo |
|
Level 5
|
RM 315,000
|
RM 325
|
969 sqft
|
|
Condo |
|
Level 4
|
RM 255,000
|
RM 285
|
893 sqft
|
|
Condo |
|
Level 4
|
RM 253,000
|
RM 283
|
893 sqft
|
|
Condo |
| 2021 | |||||
|
Level 7
|
RM 285,000
|
RM 319
|
893 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 290,000
RM 319 psfMedian transaction price
16, Jalan Perusahaan Ringan 1, Kawasan Perindustrian Mak Mandin, 13400 Butterworth, Pulau Pinang, Malaysia
MapsPangsapuri Sri Mekar in Seberang Perai Utara, Penang recorded 18 subsale transactions between 2021 and 2026, with a median price of RM 290K and a median price per square foot (PSF) of RM 325.
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 290K, with most transactions falling within a stable range of RM 264K to RM 317K, and a typical market range of RM 269K to RM 311K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 325, with most transactions between RM 311 and RM 339. The usual range is RM 312.79 to RM 337.54, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.75 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.
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.