Pdc R/Pangsa Sungai Pinang (Serendah)
Sungai Pinang, 10000 George Town, Pulau Pinang, Malaysia
Sungai Pinang, 10000 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 3
|
RM 50,000
|
RM 186
|
269 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 4
|
RM 50,000
|
RM 186
|
269 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 3
|
RM 40,000
|
RM 149
|
269 sqft
|
|
LC Flat |
|
Level 3
|
RM 50,000
|
RM 186
|
269 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 50,000
RM 186 psfMedian transaction price
Sungai Pinang, 10000 George Town, Pulau Pinang, Malaysia
MapsPdc R/Pangsa Sungai Pinang (Serendah) in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 225 and 274 sqft, with a median price of RM 50K and a median price per square foot (PSF) of RM 186.
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 50K, with most transactions falling within a stable range of RM 46K to RM 50K, and a typical market range of RM 40K to RM 50K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 186, with most transactions between RM 170 and RM 202. The usual range is RM 130.30 to RM 241.30, showing that most units are priced quite close to each other. With an IQR of RM 111.00 and MAD of RM 16, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.