LEBUHRAYA MAKTAB

Area Intelligence
2 subsale transactions
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Median Price
RM 2,664,000
PSF: RM 1,033

Residential PSF Trends

Median Price

RM 2,664,000

PSF: RM 1,033

LEBUHRAYA MAKTAB in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 2.66 million and a median price per square foot (PSF) of RM 1,033.

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 2.66 million, with most transactions falling within a stable range of RM 1.70 million to RM 3.63 million, and a typical market range of RM 2.18 million to RM 3.15 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 1,033, with core pricing between RM 894 and RM 1,172. Market pricing typically extends from RM 963.50 to RM 1,102.50, reflecting moderate variation in unit pricing. With an IQR of RM 139.00 and MAD of RM 139, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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LEBUHRAYA MAKTAB, Timur Laut, Penang

OSM

Transactions

2 transactions grouped by size

1,450 sqft
Double Storey Terraced
RM 1,700,000
MEDAN MAKTAB
1,451 sqft · RM 1,172.00 PSF
Dec 2023
4,050 sqft
Double Storey Semi-D
RM 3,628,000
LEBUHRAYA MAKTAB
4,058 sqft · RM 894.00 PSF
Aug 2022