|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2026 | |||||
|
Level 2
|
RM 150,000
|
RM 273
|
549 sqft
|
|
LC Flat |
| 2025 | |||||
|
Level 11
|
RM 50,000
|
RM 129
|
388 sqft
|
|
LC Flat |
|
Level 12
|
RM 115,000
|
RM 209
|
549 sqft
|
|
LC Flat |
| 2024 | |||||
|
Level 9
|
RM 90,000
|
RM 164
|
549 sqft
|
|
LC Flat |
|
Level 10
|
RM 45,000
|
RM 116
|
388 sqft
|
|
LC Flat |
|
Level 4
|
RM 50,000
|
RM 129
|
388 sqft
|
|
LC Flat |
|
Level 7
|
RM 42,000
|
RM 111
|
377 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 1
|
RM 51,000
|
RM 128
|
398 sqft
|
|
LC Flat |
|
Level 4
|
RM 55,000
|
RM 142
|
388 sqft
|
|
LC Flat |
|
Level 9
|
RM 40,000
|
RM 103
|
388 sqft
|
|
LC Flat |
|
Level 8
|
RM 30,000
|
RM 80
|
377 sqft
|
|
LC Flat |
|
Level 2
|
RM 56,000
|
RM 141
|
398 sqft
|
|
LC Flat |
|
Level G
|
RM 58,000
|
RM 146
|
398 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 10
|
RM 40,000
|
RM 103
|
388 sqft
|
|
LC Flat |
|
Level 5
|
RM 99,000
|
RM 180
|
549 sqft
|
|
LC Flat |
|
Level 10
|
RM 30,000
|
RM 80
|
377 sqft
|
|
LC Flat |
|
Level 13
|
RM 38,000
|
RM 98
|
388 sqft
|
|
LC Flat |
|
Level 11
|
RM 55,000
|
RM 146
|
377 sqft
|
|
LC Flat |
|
Level 5
|
RM 35,000
|
RM 93
|
377 sqft
|
|
LC Flat |
|
Level 6
|
RM 35,000
|
RM 90
|
388 sqft
|
|
LC Flat |
|
Level 2
|
RM 35,000
|
RM 90
|
388 sqft
|
|
LC Flat |
| 2021 | |||||
|
Level 4
|
RM 40,000
|
RM 106
|
377 sqft
|
|
LC Flat |
|
Level 11
|
RM 100,000
|
RM 265
|
377 sqft
|
|
LC Flat |
|
Level 5
|
RM 40,000
|
RM 106
|
377 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 47,500
RM 122 psfMedian transaction price
13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsFlat Kampong Melayu in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2026, with a median price of RM 48K and a median price per square foot (PSF) of RM 142.
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 48K, with most transactions falling within a stable range of RM 39K to RM 57K, and a typical market range of RM 39K to RM 56K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 142, with core pricing between RM 118 and RM 166. Market pricing typically extends from RM 119.82 to RM 164.07, reflecting moderate variation in unit pricing. The spread of RM 44.25 (IQR) and deviation of RM 24 (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.