Sri Wangsa 1
Jalan Penawar 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
Jalan Penawar 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 10
|
RM 303,000
|
RM 461
|
657 sqft
|
|
Flat |
|
Level 19
|
RM 290,000
|
RM 449
|
646 sqft
|
|
Flat |
|
Level 15
|
RM 260,000
|
RM 396
|
657 sqft
|
|
Flat |
|
Level 16
|
RM 260,000
|
RM 403
|
646 sqft
|
|
Flat |
|
Level 20
|
RM 250,000
|
RM 381
|
657 sqft
|
|
Flat |
|
Level 9
|
RM 330,000
|
RM 511
|
646 sqft
|
|
Flat |
|
Level 6
|
RM 245,000
|
RM 373
|
657 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 260,000
RM 403 psfMedian transaction price
Sri Wangsa 1, Jalan Penawar 1, Jelutong, 11600 George Town, Pulau Pinang, Malaysia
MapsSri Wangsa 1 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 246K 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 449. Market pricing typically extends from RM 378.58 to RM 426.58, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 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.