SRI WELD

Area Intelligence

Median Price

RM 515,000

PSF: RM 264

SRI WELD in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 515K and a median price per square foot (PSF) of RM 264.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 264, with most transactions between RM 264 and RM 264. The usual range is RM 261.25 to RM 265.75, 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 0 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.

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SRI WELD, Timur Laut, Penang

OSM