Rifle Range
Blok J, Rumah Pangsa Padang Tembak, Rifle Range, Jln Padang Tembak, Taman Ayer Itam, 11400 George Town, Pulau Pinang, Malaysia
Blok J, Rumah Pangsa Padang Tembak, Rifle Range, Jln Padang Tembak, Taman Ayer Itam, 11400 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 318,000
|
RM 455
|
700 sqft
|
|
Flat |
|
Level 22
|
RM 400,000
|
RM 572
|
700 sqft
|
|
Flat |
|
Level 12
|
RM 475,000
|
RM 679
|
700 sqft
|
|
Flat |
|
Level 4
|
RM 380,000
|
RM 543
|
700 sqft
|
|
Flat |
|
Level 8
|
RM 400,000
|
RM 572
|
700 sqft
|
|
Flat |
|
Level 21
|
RM 380,000
|
RM 543
|
700 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 385,000
RM 550 psfMedian transaction price
Blok J, Rumah Pangsa Padang Tembak, Rifle Range, Jln Padang Tembak, Taman Ayer Itam, 11400 George Town, Pulau Pinang, Malaysia
MapsRifle Range in Timur Laut, Penang recorded 17 subsale transactions between 2021 and 2026, with a median price of RM 385K and a median price per square foot (PSF) of RM 679.
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 385K, with most transactions falling within a stable range of RM 370K to RM 400K, and a typical market range of RM 375K to RM 395K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 679, with most transactions between RM 657 and RM 701. The usual range is RM 664.41 to RM 693.41, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 22 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. 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.