Area Intelligence

PANGSAPURI MELUR

6 properties
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Median Price
RM 289,000
PSF: RM 354

Residential Market

Median Price

RM 289,000

IQR: RM 35
MAD: RM 19
RM 354 PSF 4.3%

PSF Trends (2021-2025)

PANGSAPURI MELUR in Seberang Perai Utara, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 289K and a median price per square foot (PSF) of RM 354.

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 289K, with most transactions falling within a stable range of RM 274K to RM 304K, and a typical market range of RM 275K to RM 303K.

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

For price per square foot, the median is RM 354, with most transactions between RM 335 and RM 372. The usual range is RM 336.25 to RM 370.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.50 and an average deviation (MAD) of RM 19 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.

Area Location

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PANGSAPURI MELUR, Seberang Perai Utara, Penang

OSM

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Transactions

6 properties grouped by size

800 sqft
6 units Condo/Apartment
RM 300,000
818 sqft · RM 367.00 PSF
Feb 2025
RM 310,000
818 sqft · RM 379.00 PSF
Jul 2023
RM 270,000
818 sqft · RM 330.00 PSF
Jun 2023
RM 250,000
818 sqft · RM 306.00 PSF
Nov 2022
RM 278,000
818 sqft · RM 340.00 PSF
Nov 2022
RM 300,000
818 sqft · RM 367.00 PSF
Nov 2022