Pangsapuri Melur

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

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Selling in Pangsapuri Melur? Homes here sold for a median of RM289,000.

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Market Snapshot

Residential

RM289,000

RM354 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 0 subsale transactions in 2021, with a median price of RM289K and a median price per square foot (PSF) of RM354.

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 RM289K, with most transactions falling within a stable range of RM274K to RM304K, and a typical market range of RM275K to RM303K.

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

For price per square foot, the median is RM354, with most transactions between RM335 and RM372. The usual range is RM336.25 to RM370.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.50 and an average deviation (MAD) of RM19 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.