Melody Homes

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

Property Transactions

9 subsales grouped by size

Median
RM 350,000
PSF
RM 471
Price Size
700 sqft
Flat
RM 315,000
Level 25
700 sqft · RM 450 PSF
RM 370,000
Level 16
700 sqft · RM 529 PSF
RM 420,000
Level 20
700 sqft · RM 600 PSF
RM 360,000
Level 7
700 sqft · RM 515 PSF
RM 325,000
Level 16
700 sqft · RM 465 PSF
RM 328,000
Level 24
700 sqft · RM 469 PSF
RM 303,000
Level 9
700 sqft · RM 433 PSF
750 sqft
Flat
RM 350,000
Level 5
743 sqft · RM 471 PSF
RM 400,000
Level 8
743 sqft · RM 539 PSF
Legend Recent Highest Price Highest PSF

Auction Properties

1 auction properties in Melody Homes

No. 6E-11-13, Lebuhraya Thean Tek, Melody Homes, 11500, Ayer Itam, Pulau Pinang
6.5% yield
Type Reserve Price Flat RM 259,200
PSF Size Auction Date RM 370.29 700 sqft 23 Jul 2026
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Market Snapshot

Residential

RM 350,000

RM 471 psf

Median transaction price

Average

Rental Yield Data

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Melody Homes
© OpenStreetMap · CARTO

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

Maps

Melody Homes in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 471.

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 313K to RM 387K, and a typical market range of RM 319K to RM 381K.

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

The median PSF stands at RM 471, with core pricing between RM 421 and RM 521. Market pricing typically extends from RM 430.25 to RM 512.25, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 50, 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. Limited transaction history suggests carefully evaluating comparable sales data.