Sri Weld

Georgetown, 10300 George Town, Penang, Malaysia

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Sri Weld
© OpenStreetMap · CARTO

Sri Weld, Georgetown, 10300 George Town, Penang, Malaysia

Maps

Sri Weld in Timur Laut, Penang recorded 0 subsale transactions in 2023, with a median price of RM515K and a median price per square foot (PSF) of RM264.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM515K, with most transactions falling within a stable range of RM465K to RM565K, and a typical market range of RM490K to RM540K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM264, with most transactions between RM259 and RM268. The usual range is RM261.25 to RM265.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM4.50 and an average deviation (MAD) of RM5 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.