MELODY HOMES Property Investment Analysis
MELODY HOMES in Timur Laut, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 497.
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 323K to RM 377K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 497, with most transactions between RM 465 and RM 529. The usual range is RM 461.25 to RM 532.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 32, 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.
ADVANCED FILTERS
TRANSACTIONS
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Flat |
|
RM 305,000
|
RM 436.00
|
700 sqft
|
Aug 2024
|
| Flat |
|
RM 350,000
|
RM 471.00
|
743 sqft
|
Jul 2024
|
| Flat |
|
RM 330,000
|
RM 444.00
|
743 sqft
|
Mar 2024
|
| Flat |
|
RM 370,000
|
RM 529.00
|
700 sqft
|
Feb 2024
|
| Flat |
|
RM 390,000
|
RM 557.00
|
700 sqft
|
Feb 2024
|
| Flat |
|
RM 345,000
|
RM 493.00
|
700 sqft
|
Feb 2024
|
| Flat |
|
RM 350,000
|
RM 471.00
|
743 sqft
|
Dec 2023
|
| Flat |
|
RM 315,000
|
RM 450.00
|
700 sqft
|
Dec 2023
|
| Flat |
|
RM 400,000
|
RM 539.00
|
743 sqft
|
Oct 2023
|
| Flat |
|
RM 370,000
|
RM 529.00
|
700 sqft
|
Aug 2023
|
| Flat |
|
RM 420,000
|
RM 600.00
|
700 sqft
|
Jun 2023
|
| Flat |
|
RM 360,000
|
RM 515.00
|
700 sqft
|
May 2023
|
| Flat |
|
RM 328,000
|
RM 469.00
|
700 sqft
|
May 2023
|
| Flat |
|
RM 325,000
|
RM 465.00
|
700 sqft
|
May 2023
|
| Flat |
|
RM 303,000
|
RM 433.00
|
700 sqft
|
Apr 2023
|
| Flat |
|
RM 400,000
|
RM 572.00
|
700 sqft
|
Dec 2022
|
| Flat |
|
RM 380,000
|
RM 543.00
|
700 sqft
|
Sep 2022
|
| Flat |
|
RM 350,000
|
RM 500.00
|
700 sqft
|
Sep 2022
|
| Flat |
|
RM 400,000
|
RM 539.00
|
743 sqft
|
Jul 2022
|
| Flat |
|
RM 290,000
|
RM 414.00
|
700 sqft
|
Jul 2022
|
| Flat |
|
RM 370,000
|
RM 529.00
|
700 sqft
|
Jul 2022
|
| Flat |
|
RM 305,000
|
RM 436.00
|
700 sqft
|
Jun 2022
|
| Flat |
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Jun 2022
|
| Flat |
|
RM 365,000
|
RM 491.00
|
743 sqft
|
Apr 2022
|
| Flat |
|
RM 348,000
|
RM 497.00
|
700 sqft
|
Mar 2022
|
| Flat |
|
RM 385,000
|
RM 518.00
|
743 sqft
|
Mar 2022
|
| Flat |
|
RM 380,000
|
RM 512.00
|
743 sqft
|
Mar 2022
|