MELODY HOMES

Area Intelligence
2022
Median Price
RM 367,500
PSF: RM 506

Residential PSF Trends

Median Price

RM 367,500

PSF: RM 506

MELODY HOMES in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 368K and a median price per square foot (PSF) of RM 506.

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 368K, with most transactions falling within a stable range of RM 331K to RM 400K, and a typical market range of RM 341K to RM 394K.

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

For price per square foot, the median is RM 506, with most transactions between RM 459 and RM 553. The usual range is RM 470.25 to RM 541.75, 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. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

MELODY HOMES, Timur Laut, Penang

OSM

Track location

Transactions

12 transactions grouped by size

700 sqft
Flat
RM 400,000
Level 23
700 sqft · RM 572 PSF
RM 350,000
Level 17
700 sqft · RM 500 PSF
RM 380,000
Level 18
700 sqft · RM 543 PSF
RM 370,000
Level 27
700 sqft · RM 529 PSF
RM 290,000
Level 30
700 sqft · RM 414 PSF
RM 300,000
Level 3
700 sqft · RM 429 PSF
RM 305,000
Level 18
700 sqft · RM 436 PSF
RM 348,000
Level 23
700 sqft · RM 497 PSF
750 sqft
Flat
RM 400,000
Level 25
743 sqft · RM 539 PSF
RM 365,000
Level 20
743 sqft · RM 491 PSF
RM 380,000
Level 19
743 sqft · RM 512 PSF
RM 385,000
Level 20
743 sqft · RM 518 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access