Penang
Timur Laut
Jelutong
SRI WANGSA

SRI WANGSA

Area Intelligence

2021

Median Price

RM 260,000

PSF: RM 396

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Residential PSF Trends

Median Price

RM 260,000

PSF: RM 396

SRI WANGSA in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 260K and a median price per square foot (PSF) of RM 396.

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 260K, with most transactions falling within a stable range of RM 260K to RM 266K, and a typical market range of RM 260K to RM 272K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 396, with most transactions between RM 388 and RM 404. The usual range is RM 369.50 to RM 422.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 8, the PSF demonstrates reasonable consistency across the market.

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 WANGSA, Timur Laut, Penang

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