Sri Wangsa 1
Jalan Penawar 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
Jalan Penawar 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 272,000
RM 418 psfMedian transaction price
Sri Wangsa 1, Jalan Penawar 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
MapsSri Wangsa 1 in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 272K and a median price per square foot (PSF) of RM 418.
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 272K, with most transactions falling within a stable range of RM 260K to RM 284K, and a typical market range of RM 258K to RM 287K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 418, with most transactions between RM 396 and RM 440. The usual range is RM 394.00 to RM 442.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.00 and an average deviation (MAD) of RM 22 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.