Penang
Timur Laut
13
MELODY HOMES

MELODY HOMES

Area Intelligence

Median Price

RM 350,000

PSF: RM 497

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 497

MELODY HOMES in Timur Laut, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 497.

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 RM 350K, with most transactions falling within a stable range of RM 345K to RM 300K, and a typical market range of RM 323K to RM 300K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 497, with most transactions between RM 490 and RM 505. The usual range is RM 461.25 to RM 532.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 8, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

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MELODY HOMES, Timur Laut, Penang

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