Flat Rifle Range

Taman Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

9 subsales grouped by size

Median
RM55,000
PSF
RM173
Price Size
Period
transactions middle 50% (P25–P75)
200 sqft
Shop
RM55,000
Level G
183 sqft · RM301 PSF
400 sqft
LC Flat
RM66,000
Level 1
377 sqft · RM175 PSF
RM65,000
Level 7
377 sqft · RM173 PSF
RM65,000
Level 9
377 sqft · RM173 PSF
RM54,000
Level 8
377 sqft · RM143 PSF
RM50,000
Level 15
377 sqft · RM133 PSF
RM50,000
Level 10
377 sqft · RM133 PSF
RM50,000
Level 14
377 sqft · RM133 PSF
450 sqft
LC Flat
RM96,000
Level 6
441 sqft · RM218 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM59,500

RM158 psf

Median transaction price

Flat Rifle Range
© OpenStreetMap · CARTO

Taman Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Flat Rifle Range in Timur Laut, Penang recorded 9 subsale transactions in 2021, with a median price of RM55K and a median price per square foot (PSF) of RM173.

This area contains both residential and commercial properties. View 143 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM55K, with most transactions falling within a stable range of RM50K to RM69K, and a typical market range of RM50K to RM63K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM173, though individual units vary from RM121 to RM224 in the core range. The broader market spans RM157.03 to RM188.03, indicating diverse property characteristics. A wider spread (IQR: RM31.00) and deviation (MAD: RM52) indicate significant PSF variations, likely due to diverse property types or conditions.

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.