Penang
Timur Laut
Ayer Itam
FLAT RIFLE RANGE

FLAT RIFLE RANGE

Area Intelligence

2022

Median Price

RM 70,000

PSF: RM 181

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Residential PSF Trends

Median Price

RM 69,500

PSF: RM 181

Commercial PSF Trends

Median Price

RM 250,000

RM 704 PSF

FLAT RIFLE RANGE in Timur Laut, Penang recorded 45 subsale transactions in 2022, with a median price of RM 70K and a median price per square foot (PSF) of RM 181.

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 70K, with most transactions falling within a stable range of RM 46K to RM 99K, 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 181, though individual units vary from RM 100 to RM 262 in the core range. The broader market spans RM 165.38 to RM 196.63, indicating diverse property characteristics. A wider spread (IQR: RM 31.25) and deviation (MAD: RM 81) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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FLAT RIFLE RANGE, Timur Laut, Penang

OSM

Track location

Transactions

45 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

350 sqft

Shop/Retail Lot

350 sqft

Shop/Retail Lot

RM 250,000

Level G

355 sqft · RM 704 PSF

Oct 2022

Level G

RM 250,000

RM 704

355 sqft

Oct 2022

400 sqft

Low-Cost Flat

400 sqft

Low-Cost Flat

RM 78,000

Level 9

388 sqft · RM 201 PSF

Nov 2022

RM 70,000

Level 14

377 sqft · RM 186 PSF

Nov 2022

RM 80,000

Level 8

377 sqft · RM 212 PSF

Nov 2022

RM 60,000

Level 7

377 sqft · RM 159 PSF

Nov 2022

RM 65,000

Level 16

377 sqft · RM 173 PSF

Oct 2022

RM 65,000

Level 13

377 sqft · RM 173 PSF

Oct 2022

Level 9	RM 78,000	RM 201	388 sqft	Nov 2022
Level 14	RM 70,000	RM 186	377 sqft	Nov 2022
Level 8	RM 80,000	RM 212	377 sqft	Nov 2022
Level 7	RM 60,000	RM 159	377 sqft	Nov 2022
Level 16	RM 65,000	RM 173	377 sqft	Oct 2022
Level 13	RM 65,000	RM 173	377 sqft	Oct 2022

View 29 more transactions

450 sqft

Low-Cost Flat

450 sqft

Low-Cost Flat

RM 83,000

Level 4

452 sqft · RM 184 PSF

Dec 2022

RM 86,000

Level 11

452 sqft · RM 190 PSF

Nov 2022

RM 82,000

Level 5

441 sqft · RM 186 PSF

Sep 2022

RM 80,000

Level 15

441 sqft · RM 181 PSF

Jul 2022

RM 115,000

Level 12

452 sqft · RM 254 PSF

Jun 2022

RM 81,000

Level 10

441 sqft · RM 184 PSF

Jun 2022

Level 4	RM 83,000	RM 184	452 sqft	Dec 2022
Level 11	RM 86,000	RM 190	452 sqft	Nov 2022
Level 5	RM 82,000	RM 186	441 sqft	Sep 2022
Level 15	RM 80,000	RM 181	441 sqft	Jul 2022
Level 12	RM 115,000	RM 254	452 sqft	Jun 2022
Level 10	RM 81,000	RM 184	441 sqft	Jun 2022