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
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Market Snapshot
ResidentialRM 318,000
RM 455 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 1 subsale transactions between 2021 and 2026, with a median price of RM 318K and a median price per square foot (PSF) of RM 455.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 455, with most transactions between RM 455 and RM 455. The usual range is RM 440.50 to RM 469.50, 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 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. 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.