|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2026 | |||||
|
Level 2
|
RM 150,000
|
RM 273
|
549 sqft
|
|
LC Flat |
| 2025 | |||||
|
Level 12
|
RM 115,000
|
RM 209
|
549 sqft
|
|
LC Flat |
| 2024 | |||||
|
Level 9
|
RM 90,000
|
RM 164
|
549 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 5
|
RM 99,000
|
RM 180
|
549 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 107,000
RM 195 psfMedian transaction price
13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsFlat Kampong Melayu in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 525 and 574 sqft, with a median price of RM 107K and a median price per square foot (PSF) of RM 195.
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 107K, with most transactions falling within a stable range of RM 90K to RM 130K, and a typical market range of RM 99K to RM 116K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 195, though individual units vary from RM 153 to RM 237 in the core range. The broader market spans RM 172.79 to RM 217.04, indicating diverse property characteristics. The spread of RM 44.25 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.