Area Intelligence

SRI PELANGI

6 properties
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Median Price
RM 365,000
PSF: RM 446

Residential Market

Median Price

RM 370,000

IQR: RM 12
MAD: RM 12
RM 452 PSF 4.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 340,000

RM 439 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SRI PELANGI in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 365K and a median price per square foot (PSF) of RM 446.

This area contains both residential and commercial properties. View 5 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 365K, with most transactions falling within a stable range of RM 350K to RM 380K, and a typical market range of RM 353K to RM 378K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 446, with most transactions between RM 440 and RM 453. The usual range is RM 439.63 to RM 452.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.75 and an average deviation (MAD) of RM 7 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.

Area Location

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SRI PELANGI, Timur Laut, Penang

OSM

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Transactions

6 properties grouped by size

800 sqft
6 units
RM 340,000
Shop/Retail Lot
775 sqft · RM 439.00 PSF
Jul 2023
RM 370,000
Flat
818 sqft · RM 452.00 PSF
Mar 2023
RM 335,000
Flat
818 sqft · RM 410.00 PSF
Jan 2023
RM 370,000
Flat
818 sqft · RM 452.00 PSF
Nov 2022
RM 360,000
Flat
818 sqft · RM 440.00 PSF
Jul 2022
RM 400,000
Flat
818 sqft · RM 489.00 PSF
Jun 2022