Sri Pelangi
2, Jalan Dato Keramat, 10450 George Town, Pulau Pinang, Malaysia
2, Jalan Dato Keramat, 10450 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level G
|
RM 340,000
|
RM 439
|
775 sqft
|
|
Shop |
|
Level 3
|
RM 370,000
|
RM 452
|
818 sqft
|
|
Flat |
|
Level 7
|
RM 335,000
|
RM 410
|
818 sqft
|
|
Flat |
| 2022 | |||||
|
Level 3
|
RM 370,000
|
RM 452
|
818 sqft
|
|
Flat |
|
Level 2
|
RM 360,000
|
RM 440
|
818 sqft
|
|
Flat |
|
Level 8
|
RM 400,000
|
RM 489
|
818 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 370,000
RM 452 psfMedian transaction price
2, Jalan Dato Keramat, 10450 George Town, Pulau Pinang, Malaysia
MapsSri Pelangi in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 365K and a median price per square foot (PSF) of RM 452.
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 452, with most transactions between RM 446 and RM 459. The usual range is RM 445.92 to RM 458.67, 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.