PANGSAPURI SERI MEWAH (GRND RESIDENCES)

PANGSAPURI SERI MEWAH (GRND RESIDENCES) in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 492K and a median price per square foot (PSF) of RM 323.

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 492K, with most transactions falling within a stable range of RM 484K to RM 500K, and a typical market range of RM 484K to RM 500K.

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

The median PSF stands at RM 323, with core pricing between RM 286 and RM 360. Market pricing typically extends from RM 298.50 to RM 347.50, reflecting moderate variation in unit pricing. With an IQR of RM 49.00 and MAD of RM 37, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.