Sri Permai

113, Jalan Free School, Jelutong, 11600 George Town, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM405,000

RM445 psf

Median transaction price

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113, Jalan Free School, Jelutong, 11600 George Town, Pulau Pinang, Malaysia

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Sri Permai in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM405K and a median price per square foot (PSF) of RM445.

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 RM405K, with most transactions falling within a stable range of RM390K to RM420K, and a typical market range of RM390K to RM420K.

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

For price per square foot, the median is RM445, with most transactions between RM436 and RM454. The usual range is RM437.50 to RM452.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM15.00 and an average deviation (MAD) of RM9 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.