PANGSAPURI MEKAR SARI

PANGSAPURI MEKAR SARI in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 58K and a median price per square foot (PSF) of RM 85.

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 58K, with most transactions falling within a stable range of RM 42K to RM 73K, and a typical market range of RM 46K to RM 69K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM 85, though individual units vary from RM 65 to RM 104 in the core range. The broader market spans RM 69.88 to RM 99.13, indicating diverse property characteristics. The spread of RM 29.25 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.