Melody Homes

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

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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 493 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 0 subsale transactions in 2021, with a median price of RM 350K and a median price per square foot (PSF) of RM 493.

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 493, with most transactions between RM 450 and RM 536. The usual range is RM 452.00 to RM 534.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.