Flat Kampong Melayu

13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

24 subsales grouped by size

Median
RM47,500
PSF
RM128
Period
transactions middle 50% (P25–P75)
400 sqft
LC Flat
RM50,000
Level 11
388 sqft · RM129 PSF
RM45,000
Level 10
388 sqft · RM116 PSF
RM50,000
Level 4
388 sqft · RM129 PSF
RM42,000
Level 7
377 sqft · RM111 PSF
RM51,000
Level 1
398 sqft · RM128 PSF
RM55,000
Level 4
388 sqft · RM142 PSF
+14 more
550 sqft
LC Flat
RM150,000
Level 2
549 sqft · RM273 PSF
RM115,000
Level 12
549 sqft · RM209 PSF
RM90,000
Level 9
549 sqft · RM164 PSF
RM99,000
Level 5
549 sqft · RM180 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM47,500

RM122 psf

Median transaction price

Flat Kampong Melayu
© OpenStreetMap · CARTO

13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Flat Kampong Melayu in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2026, with a median price of RM48K and a median price per square foot (PSF) of RM128.

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 RM48K, with most transactions falling within a stable range of RM39K to RM57K, and a typical market range of RM39K to RM56K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM128, with core pricing between RM104 and RM152. Market pricing typically extends from RM105.94 to RM150.19, reflecting moderate variation in unit pricing. The spread of RM44.25 (IQR) and deviation of RM24 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.