Pangsapuri Melur

Jalan Melur, Kampung Bagan Jermal, 12300 Butterworth, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Median
RM285,000
PSF
RM348
Price Size
Period
transactions middle 50% (P25–P75)
RM285,000
Level 2
818 sqft RM348 PSF
RM285,000
Level 5
818 sqft RM348 PSF
RM320,000
Level 8
818 sqft RM391 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM285,000

RM348 psf

Median transaction price

High

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Pangsapuri Melur
© OpenStreetMap · CARTO

Jalan Melur, Kampung Bagan Jermal, 12300 Butterworth, Pulau Pinang, Malaysia

Maps

Pangsapuri Melur in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 775 and 824 sqft, with a median price of RM285K and a median price per square foot (PSF) of RM348.

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 RM285K, with most transactions falling within a stable range of RM285K to RM301K, and a typical market range of RM285K to RM294K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM348, with most transactions between RM328 and RM368. The usual range is RM337.25 to RM358.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM21.50 and an average deviation (MAD) of RM20 indicate a highly stable PSF trend across properties.

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.