PANGSAPURI SRI MEKAR

Area Intelligence
2023
Median Price
RM 290,000
PSF: RM 316

Residential PSF Trends

Median Price

RM 290,000

PSF: RM 316

PANGSAPURI SRI MEKAR in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 316.

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 280K to RM 308K, and a typical market range of RM 280K to RM 307K.

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

For price per square foot, the median is RM 316, with most transactions between RM 307 and RM 325. The usual range is RM 305.75 to RM 326.25, 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 9 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

5 transactions grouped by size

900 sqft
Condo/Apartment
RM 280,000
Level 6
893 sqft · RM 313 PSF
RM 290,000
Level 2
893 sqft · RM 325 PSF
RM 285,000
Level 8
893 sqft · RM 319 PSF
950 sqft
Condo/Apartment
RM 290,000
Level 4
969 sqft · RM 299 PSF
1,050 sqft
Condo/Apartment
RM 330,000
Level 7
1,044 sqft · RM 316 PSF

No Properties For Sale

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

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