Penang
Timur Laut
Jelutong
WISMA SRI MATA

WISMA SRI MATA

Area Intelligence

2022

Median Price

RM 280,000

PSF: RM 239

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Commercial PSF Trends

Median Price

RM 280,000

RM 239 PSF

WISMA SRI MATA in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 239.

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 239, with most transactions between RM 239 and RM 239. The usual range is RM 186.25 to RM 291.75, showing that most units are priced quite close to each other. With an IQR of RM 105.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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WISMA SRI MATA, Timur Laut, Penang

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