|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 11
|
RM 50,000
|
RM 129
|
388 sqft
|
|
LC Flat |
| 2024 | |||||
|
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 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 41,000
RM 109 psfMedian transaction price
13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsFlat Kampong Melayu in Timur Laut, Penang recorded 20 subsale transactions between 2021 and 2026, sized between 375 and 424 sqft, with a median price of RM 41K and a median price per square foot (PSF) of RM 109.
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 41K, with most transactions falling within a stable range of RM 30K to RM 56K, and a typical market range of RM 33K to RM 50K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 109, though individual units vary from RM 70 to RM 148 in the core range. The broader market spans RM 86.71 to RM 130.95, indicating diverse property characteristics. A wider spread (IQR: RM 44.25) and deviation (MAD: RM 39) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.