PANGSAPURI SERI MELOR

PANGSAPURI SERI MELOR in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 318.

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 340K, with most transactions falling within a stable range of RM 299K to RM 381K, and a typical market range of RM 328K to RM 352K.

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

The median PSF stands at RM 318, with core pricing between RM 279 and RM 357. Market pricing typically extends from RM 306.75 to RM 329.25, reflecting moderate variation in unit pricing. With an IQR of RM 22.50 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

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.