Pangsapuri Mekar Sari
Lrg Mekar Sari 6, Kepala Batas, Pulau Pinang, Malaysia
Lrg Mekar Sari 6, Kepala Batas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 42,000
|
RM 65
|
643 sqft
|
|
|
|
Level 3
|
RM 42,000
|
RM 65
|
643 sqft
|
|
|
Level 2
|
RM 73,000
|
RM 104
|
700 sqft
|
|
|
|
Level 2
|
RM 73,000
|
RM 104
|
700 sqft
|
|
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Lrg Mekar Sari 6, Kepala Batas, Pulau Pinang, Malaysia
MapsPangsapuri Mekar Sari in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 58K and a median price per square foot (PSF) of RM 85.
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 58K, with most transactions falling within a stable range of RM 42K to RM 73K, and a typical market range of RM 42K to RM 73K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 85, though individual units vary from RM 65 to RM 104 in the core range. The broader market spans RM 65.33 to RM 104.33, indicating diverse property characteristics. The spread of RM 39.00 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.