Pangsapuri Melur
Jalan Melur, Kampung Bagan Jermal, 12300 Butterworth, Pulau Pinang, Malaysia
Jalan Melur, Kampung Bagan Jermal, 12300 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 7
|
RM310,000
|
RM379
|
818 sqft
|
|
|
|
Level 2
|
RM270,000
|
RM330
|
818 sqft
|
|
Selling in Pangsapuri Melur? Homes here sold for a median of RM290,000.
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Nearby areas in Butterworth
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Pangsapuri Melur
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Butterworth
Market Snapshot
ResidentialRM290,000
RM355 psfMedian transaction price
Does PANGSAPURI MELUR rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Jalan Melur, Kampung Bagan Jermal, 12300 Butterworth, Pulau Pinang, Malaysia
MapsPangsapuri Melur in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM290K and a median price per square foot (PSF) of RM355.
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 RM290K, with most transactions falling within a stable range of RM270K to RM310K, and a typical market range of RM276K to RM304K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM355, with most transactions between RM330 and RM379. The usual range is RM337.25 to RM371.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.50 and an average deviation (MAD) of RM24 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.