FLAT RIFLE RANGE

FLAT RIFLE RANGE in Timur Laut, Penang recorded 125 subsale transactions between 2021 and 2025, with a median price of RM 70K and a median price per square foot (PSF) of RM 184.

This area contains both residential and commercial properties. View 131 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 70K, with most transactions falling within a stable range of RM 49K to RM 91K, and a typical market range of RM 63K to RM 78K.

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

Price per square foot shows a median of RM 184, though individual units vary from RM 126 to RM 242 in the core range. The broader market spans RM 168.25 to RM 199.75, indicating diverse property characteristics. A wider spread (IQR: RM 31.50) and deviation (MAD: RM 58) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Steady transaction activity supports reliable market pricing.