FLAT KAMPONG MELAYU

FLAT KAMPONG MELAYU in Timur Laut, Penang recorded 21 subsale transactions between 2021 and 2025, with a median price of RM 42K and a median price per square foot (PSF) of RM 111.

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 42K, with most transactions falling within a stable range of RM 34K to RM 50K, and a typical market range of RM 34K to RM 51K.

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

The median PSF stands at RM 111, with core pricing between RM 90 and RM 132. Market pricing typically extends from RM 89.00 to RM 133.00, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 21 (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.