Sri Weld
Georgetown, 10300 George Town, Penang, Malaysia
Georgetown, 10300 George Town, Penang, Malaysia
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Sri Weld, Georgetown, 10300 George Town, Penang, Malaysia
MapsSri Weld in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 515K and a median price per square foot (PSF) of RM 268.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 515K, with most transactions falling within a stable range of RM 465K to RM 565K, and a typical market range of RM 490K to RM 540K.
Most transactions involved office lot, with minimal variety in property types.
For price per square foot, the median is RM 268, with most transactions between RM 264 and RM 273. The usual range is RM 266.07 to RM 270.57, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 4.50 and an average deviation (MAD) of RM 5 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.