JLN P. RAMLEE Property Investment Analysis

JLN P. RAMLEE in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 309.

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 1.08 million, with most transactions falling within a stable range of RM 922K to RM 1.24 million, and a typical market range of RM 961K to RM 1.20 million.

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

The median PSF stands at RM 309, with core pricing between RM 264 and RM 354. Market pricing typically extends from RM 169.50 to RM 448.50, reflecting moderate variation in unit pricing. With an IQR of RM 279.00 and MAD of RM 45, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.