FLAT KAMPONG MELAYU

Area Intelligence
2022
Median Price
RM 36,500
PSF: RM 96

Residential PSF Trends

Median Price

RM 36,500

PSF: RM 96

FLAT KAMPONG MELAYU in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 37K and a median price per square foot (PSF) of RM 96.

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 37K, with most transactions falling within a stable range of RM 29K to RM 45K, and a typical market range of RM 28K to RM 45K.

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

Price per square foot shows a median of RM 96, though individual units vary from RM 75 to RM 117 in the core range. The broader market spans RM 73.50 to RM 117.50, indicating diverse property characteristics. 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. Limited transaction history suggests carefully evaluating comparable sales data.

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FLAT KAMPONG MELAYU, Timur Laut, Penang

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Transactions

8 transactions grouped by size

400 sqft
Low-Cost Flat
RM 40,000
Level 10
388 sqft · RM 103 PSF
RM 30,000
Level 10
377 sqft · RM 80 PSF
RM 38,000
Level 13
388 sqft · RM 98 PSF
RM 55,000
Level 11
377 sqft · RM 146 PSF
RM 35,000
Level 5
377 sqft · RM 93 PSF
RM 35,000
Level 2
388 sqft · RM 90 PSF
RM 35,000
Level 6
388 sqft · RM 90 PSF
550 sqft
Low-Cost Flat
RM 99,000
Level 5
549 sqft · RM 180 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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