Area Intelligence

SRI WANGSA

7 properties
2024
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Median Price
RM 260,000
PSF: RM 403

Residential Market

Median Price

RM 260,000

IQR: RM 53
MAD: RM 18
RM 403 PSF 0.6%

PSF Trends (2021-2025)

SRI WANGSA in Timur Laut, Penang recorded 7 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 403.

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 245K to RM 289K, and a typical market range of RM 245K to RM 275K.

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

The median PSF stands at RM 403, with core pricing between RM 356 and RM 450. Market pricing typically extends from RM 376.50 to RM 429.50, reflecting moderate variation in unit pricing. With an IQR of RM 53.00 and MAD of RM 47, 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.

Area Location

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SRI WANGSA, Timur Laut, Penang

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Transactions

7 properties found

Flat
RM 303,000
657 sqft Oct 2024
RM 461.00 PSF
Flat
RM 290,000
646 sqft Aug 2024
RM 449.00 PSF
Flat
RM 260,000
657 sqft Jun 2024
RM 396.00 PSF
Flat
RM 260,000
646 sqft May 2024
RM 403.00 PSF
Flat
RM 250,000
657 sqft Apr 2024
RM 381.00 PSF
Flat
RM 330,000
646 sqft Feb 2024
RM 511.00 PSF
Flat
RM 245,000
657 sqft Feb 2024
RM 373.00 PSF