SRI PELANGI Property Investment Analysis
SRI PELANGI in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 365K and a median price per square foot (PSF) of RM 446.
This area contains both residential and commercial properties. View 5 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 365K, with most transactions falling within a stable range of RM 350K to RM 380K, and a typical market range of RM 353K to RM 378K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 446, with most transactions between RM 440 and RM 453. The usual range is RM 439.63 to RM 452.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.75 and an average deviation (MAD) of RM 7 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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop Unit/Retail Lot |
|
RM 340,000
|
RM 439.00
|
775 sqft
|
Jul 2023
|
Flat |
|
RM 370,000
|
RM 452.00
|
818 sqft
|
Mar 2023
|
Flat |
|
RM 335,000
|
RM 410.00
|
818 sqft
|
Jan 2023
|
Flat |
|
RM 370,000
|
RM 452.00
|
818 sqft
|
Nov 2022
|
Flat |
|
RM 360,000
|
RM 440.00
|
818 sqft
|
Jul 2022
|
Flat |
|
RM 400,000
|
RM 489.00
|
818 sqft
|
Jun 2022
|