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
|
RM318,000
|
RM455
|
700 sqft
|
|
Flat |
|
Level 22
|
RM400,000
|
RM572
|
700 sqft
|
|
Flat |
|
Level 12
|
RM475,000
|
RM679
|
700 sqft
|
|
Flat |
|
Level 4
|
RM380,000
|
RM543
|
700 sqft
|
|
Flat |
|
Level 8
|
RM400,000
|
RM572
|
700 sqft
|
|
Flat |
|
Level 21
|
RM380,000
|
RM543
|
700 sqft
|
|
Condo |
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Rifle Range
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM385,000
RM550 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 RM385K and a median price per square foot (PSF) of RM550.
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 RM385K, with most transactions falling within a stable range of RM370K to RM400K, and a typical market range of RM375K to RM395K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM550, with most transactions between RM528 and RM572. The usual range is RM535.78 to RM564.78, showing that most units are priced quite close to each other. A typical spread (IQR) of RM29.00 and an average deviation (MAD) of RM22 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.