PANGSAPURI MAWAR

PANGSAPURI MAWAR in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 185K and a median price per square foot (PSF) of RM 282.

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 185K, with most transactions falling within a stable range of RM 160K to RM 230K, and a typical market range of RM 160K to RM 235K.

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

The median PSF stands at RM 282, with core pricing between RM 239 and RM 325. Market pricing typically extends from RM 255.00 to RM 309.00, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 43 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.