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 |
| 2024 | |||||
|
Level 6
|
RM 340,000
|
RM 381
|
893 sqft
|
|
Condo |
|
Level 6
|
RM 340,000
|
RM 381
|
893 sqft
|
|
Condo |
| 2023 | |||||
|
Level 6
|
RM 280,000
|
RM 313
|
893 sqft
|
|
Condo |
|
Level 2
|
RM 290,000
|
RM 325
|
893 sqft
|
|
Condo |
|
Level 8
|
RM 285,000
|
RM 319
|
893 sqft
|
|
Condo |
| 2022 | |||||
|
Level 7
|
RM 285,000
|
RM 319
|
893 sqft
|
|
Condo |
|
Level 4
|
RM 253,000
|
RM 283
|
893 sqft
|
|
Condo |
|
Level 4
|
RM 255,000
|
RM 285
|
893 sqft
|
|
Condo |
| 2021 | |||||
|
Level 7
|
RM 285,000
|
RM 319
|
893 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 285,000
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 11 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 285K and a median price per square foot (PSF) of RM 319.
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 285K, with most transactions falling within a stable range of RM 253K to RM 317K, and a typical market range of RM 264K to RM 306K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 319, with core pricing between RM 283 and RM 355. Market pricing typically extends from RM 306.64 to RM 331.39, reflecting moderate variation in unit pricing. With an IQR of RM 24.75 and MAD of RM 36, 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.