JALAN P. RAMLEE

JALAN P. RAMLEE in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 1.16 million and a median price per square foot (PSF) of RM 299.

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 1.16 million, with most transactions falling within a stable range of RM 1.04 million to RM 1.28 million, and a typical market range of RM 1.04 million to RM 1.28 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 299, though individual units vary from RM 176 to RM 421 in the core range. The broader market spans RM 159.00 to RM 438.00, indicating diverse property characteristics. A wider spread (IQR: RM 279.00) and deviation (MAD: RM 122) indicate significant PSF variations, likely due to diverse property types or conditions.

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.