Area Intelligence

SRI PELANGI

5 properties
Flat
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Median Price
RM 370,000
PSF: RM 452

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 5 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 370K and a median price per square foot (PSF) of RM 452.

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 370K, with most transactions falling within a stable range of RM 349K to RM 391K, and a typical market range of RM 358K to RM 383K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 452, with most transactions between RM 427 and RM 477. The usual range is RM 445.63 to RM 458.38, 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 25 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

5 properties grouped by size

800 sqft
5 units Flat
RM 370,000
818 sqft · RM 452.00 PSF
Mar 2023
RM 335,000
818 sqft · RM 410.00 PSF
Jan 2023
RM 370,000
818 sqft · RM 452.00 PSF
Nov 2022
RM 360,000
818 sqft · RM 440.00 PSF
Jul 2022
RM 400,000
818 sqft · RM 489.00 PSF
Jun 2022