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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
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 |
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Market Snapshot
ResidentialRM 400,000
RM 572 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 3 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 572.
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 400K, with most transactions falling within a stable range of RM 380K to RM 441K, and a typical market range of RM 390K to RM 410K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 572, with core pricing between RM 513 and RM 630. Market pricing typically extends from RM 557.21 to RM 586.21, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 58, the PSF demonstrates reasonable consistency across the market.
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.