MELODY HOMES

Area Intelligence
Median Price
RM 350,000
PSF: RM 497

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 315K to RM 385K, and a typical market range of RM 323K to RM 377K.

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 450 and RM 544. 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 47, 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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Transactions

27 transactions grouped by size

700 sqft
Flat
RM 305,000
Level 14
700 sqft · RM 436 PSF
RM 370,000
Level 12
700 sqft · RM 529 PSF
RM 390,000
Level 7
700 sqft · RM 557 PSF
RM 345,000
Level 3
700 sqft · RM 493 PSF
RM 315,000
Level 25
700 sqft · RM 450 PSF
RM 370,000
Level 16
700 sqft · RM 529 PSF
750 sqft
Flat
RM 350,000
Level 24
743 sqft · RM 471 PSF
RM 330,000
Level 13
743 sqft · RM 444 PSF
RM 350,000
Level 5
743 sqft · RM 471 PSF
RM 400,000
Level 8
743 sqft · RM 539 PSF
RM 400,000
Level 25
743 sqft · RM 539 PSF
RM 365,000
Level 20
743 sqft · RM 491 PSF
RM 385,000
Level 20
743 sqft · RM 518 PSF
RM 380,000
Level 19
743 sqft · RM 512 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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