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Market Snapshot
ResidentialRM 230,000
RM 350 psfMedian transaction price
Rumah Pangsa Mppp in Timur Laut, Penang recorded 1 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 230K and a median price per square foot (PSF) of RM 350.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Within the Low-Cost Flat category, flats dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 350, with most transactions between RM 350 and RM 350. The usual range is RM 346.00 to RM 354.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.00 and an average deviation (MAD) of RM 0 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.