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

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Transactions

6 properties found

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