Sri Pelangi

2, Jalan Dato Keramat, 10450 George Town, Pulau Pinang, Malaysia

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Selling in Sri Pelangi? Homes here sold for a median of RM365,000.

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Market Snapshot

Residential

RM370,000

RM452 psf

Median transaction price

Sri Pelangi
© OpenStreetMap · CARTO

2, Jalan Dato Keramat, 10450 George Town, Pulau Pinang, Malaysia

Maps

Sri Pelangi in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM365K and a median price per square foot (PSF) of RM446.

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 RM365K, with most transactions falling within a stable range of RM350K to RM380K, and a typical market range of RM353K to RM378K.

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

For price per square foot, the median is RM446, with most transactions between RM440 and RM453. The usual range is RM439.63 to RM452.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM12.75 and an average deviation (MAD) of RM7 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.