PANGSAPURI SERI MEWAH (GRND RESIDENCES)

PANGSAPURI SERI MEWAH (GRND RESIDENCES) in Seberang Perai Utara, Penang recorded 3 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 500K and a median price per square foot (PSF) of RM 286.

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 500K, with most transactions falling within a stable range of RM 484K to RM 669K, and a typical market range of RM 484K to RM 592K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

The median PSF stands at RM 286, with core pricing between RM 244 and RM 328. Market pricing typically extends from RM 261.50 to RM 310.50, reflecting moderate variation in unit pricing. With an IQR of RM 49.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

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.