PANGSAPURI SRI MEKAR

Area Intelligence
2022
Median Price
RM 285,000
PSF: RM 307

Residential PSF Trends

Median Price

RM 285,000

PSF: RM 307

PANGSAPURI SRI MEKAR in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 307.

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 259K to RM 311K, and a typical market range of RM 268K to RM 302K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 307, with most transactions between RM 288 and RM 325. The usual range is RM 296.25 to RM 316.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.50 and an average deviation (MAD) of RM 19 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.

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PANGSAPURI SRI MEKAR, Seberang Perai Utara, Penang

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Transactions

6 transactions grouped by size

900 sqft
Condo/Apartment
RM 285,000
Level 7
893 sqft · RM 319 PSF
RM 253,000
Level 4
893 sqft · RM 283 PSF
RM 255,000
Level 4
893 sqft · RM 285 PSF
950 sqft
Condo/Apartment
RM 285,000
Level 6
969 sqft · RM 294 PSF
RM 318,000
Level 2
969 sqft · RM 328 PSF
RM 315,000
Level 5
969 sqft · RM 325 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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