PANGSAPURI SERI MEWAH (GRND RESIDENCES)

PANGSAPURI SERI MEWAH (GRND RESIDENCES) in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 286.

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 500K, with most transactions falling within a stable range of RM 484K to RM 516K, and a typical market range of RM 484K to RM 592K.

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

For price per square foot, the median is RM 286, with most transactions between RM 262 and RM 310. The usual range is RM 261.50 to RM 310.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 24 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.