Penang
Timur Laut
Ayer Itam
FLAT RIFLE RANGE

FLAT RIFLE RANGE

Area Intelligence

2023

Median Price

RM 72,000

PSF: RM 186

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Residential PSF Trends

Median Price

RM 71,000

PSF: RM 183

Commercial PSF Trends

Median Price

RM 130,000

RM 340 PSF

FLAT RIFLE RANGE in Timur Laut, Penang recorded 43 subsale transactions in 2023, with a median price of RM 72K and a median price per square foot (PSF) of RM 186.

This area contains both residential and commercial properties. View 138 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 72K, with most transactions falling within a stable range of RM 65K to RM 80K, and a typical market range of RM 65K to RM 80K.

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

For price per square foot, the median is RM 186, with most transactions between RM 170 and RM 202. The usual range is RM 170.38 to RM 201.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.25 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.

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FLAT RIFLE RANGE, Timur Laut, Penang

OSM

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Transactions

43 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

400 sqft

RM 62,000

Level 16

377 sqft · RM 165 PSF

Dec 2023

RM 90,000

Level 15

377 sqft · RM 239 PSF

Nov 2023

RM 80,000

Level 7

377 sqft · RM 212 PSF

Nov 2023

RM 69,000

Level 4

377 sqft · RM 183 PSF

Nov 2023

RM 80,000

Level 2

377 sqft · RM 212 PSF

Nov 2023

RM 53,000

Level 11

377 sqft · RM 141 PSF

Oct 2023

Level 16	RM 62,000	RM 165	377 sqft	Dec 2023	Low-Cost Flat
Level 15	RM 90,000	RM 239	377 sqft	Nov 2023	Low-Cost Flat
Level 7	RM 80,000	RM 212	377 sqft	Nov 2023	Low-Cost Flat
Level 4	RM 69,000	RM 183	377 sqft	Nov 2023	Low-Cost Flat
Level 2	RM 80,000	RM 212	377 sqft	Nov 2023	Low-Cost Flat
Level 11	RM 53,000	RM 141	377 sqft	Oct 2023	Low-Cost Flat

View 28 more transactions

450 sqft

Low-Cost Flat

450 sqft

Low-Cost Flat

RM 85,000

Level 8

454 sqft · RM 187 PSF

Nov 2023

RM 60,000

Level 5

441 sqft · RM 136 PSF

Nov 2023

RM 100,000

Level 1

441 sqft · RM 227 PSF

Sep 2023

RM 74,000

Level 15

441 sqft · RM 168 PSF

Sep 2023

RM 113,000

Level 6

441 sqft · RM 256 PSF

Aug 2023

RM 85,000

Level 5

441 sqft · RM 193 PSF

Aug 2023

Level 8	RM 85,000	RM 187	454 sqft	Nov 2023
Level 5	RM 60,000	RM 136	441 sqft	Nov 2023
Level 1	RM 100,000	RM 227	441 sqft	Sep 2023
Level 15	RM 74,000	RM 168	441 sqft	Sep 2023
Level 6	RM 113,000	RM 256	441 sqft	Aug 2023
Level 5	RM 85,000	RM 193	441 sqft	Aug 2023