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 3
|
RM 390,000
|
RM 403
|
969 sqft
|
|
Condo |
| 2024 | |||||
|
Level 6
|
RM 320,000
|
RM 330
|
969 sqft
|
|
Condo |
| 2023 | |||||
|
Level 4
|
RM 290,000
|
RM 299
|
969 sqft
|
|
Condo |
| 2022 | |||||
|
Level 6
|
RM 285,000
|
RM 294
|
969 sqft
|
|
Condo |
|
Level 2
|
RM 318,000
|
RM 328
|
969 sqft
|
|
Condo |
|
Level 5
|
RM 315,000
|
RM 325
|
969 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 316,500
RM 327 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 6 subsale transactions between 2021 and 2026, sized between 925 and 974 sqft, with a median price of RM 317K and a median price per square foot (PSF) of RM 327.
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 317K, with most transactions falling within a stable range of RM 285K to RM 351K, and a typical market range of RM 295K to RM 338K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 327, with core pricing between RM 291 and RM 362. Market pricing typically extends from RM 314.34 to RM 339.09, reflecting moderate variation in unit pricing. With an IQR of RM 24.75 and MAD of RM 35, 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.