Melody Homes

Lbh Thean Teik, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

31 subsales grouped by size

Median
RM 350,000
PSF
RM 500
700 sqft
Flat
RM 310,000
Level 22
700 sqft · RM 443 PSF
RM 320,000
Level 17
700 sqft · RM 457 PSF
RM 420,000
Level 10
700 sqft · RM 600 PSF
RM 305,000
Level 14
700 sqft · RM 436 PSF
RM 370,000
Level 12
700 sqft · RM 529 PSF
RM 390,000
Level 7
700 sqft · RM 557 PSF
+16 more
750 sqft
Flat
RM 300,000
Level 8
743 sqft · RM 404 PSF
RM 350,000
Level 24
743 sqft · RM 471 PSF
RM 330,000
Level 13
743 sqft · RM 444 PSF
RM 350,000
Level 5
743 sqft · RM 471 PSF
RM 400,000
Level 8
743 sqft · RM 539 PSF
RM 400,000
Level 25
743 sqft · RM 539 PSF
+3 more
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 350,000

RM 493 psf

Median transaction price

Average

Rental Yield Data

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Melody Homes
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Lbh Thean Teik, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Melody Homes in Timur Laut, Penang recorded 31 subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 500.

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 350K, with most transactions falling within a stable range of RM 320K to RM 380K, and a typical market range of RM 319K to RM 381K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 500, with most transactions between RM 457 and RM 543. The usual range is RM 459.25 to RM 541.25, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.