PANGSAPURI SERI MELOR

PANGSAPURI SERI MELOR in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 310.

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 330K, with most transactions falling within a stable range of RM 300K to RM 375K, and a typical market range of RM 318K to RM 342K.

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

The median PSF stands at RM 310, with core pricing between RM 268 and RM 352. Market pricing typically extends from RM 298.75 to RM 321.25, reflecting moderate variation in unit pricing. With an IQR of RM 22.50 and MAD of RM 42, 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.