Flat Rifle Range

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

Property Transactions

45 subsales grouped by size

Median
RM70,000
PSF
RM181
Price Size
Period
transactions middle 50% (P25–P75)
350 sqft
Shop
RM250,000
Level G
355 sqft · RM704 PSF
400 sqft
LC Flat
RM78,000
Level 9
388 sqft · RM201 PSF
RM70,000
Level 14
377 sqft · RM186 PSF
RM80,000
Level 8
377 sqft · RM212 PSF
RM60,000
Level 7
377 sqft · RM159 PSF
RM65,000
Level 16
377 sqft · RM173 PSF
RM65,000
Level 13
377 sqft · RM173 PSF
+29 more
450 sqft
LC Flat
RM83,000
Level 4
452 sqft · RM184 PSF
RM86,000
Level 11
452 sqft · RM190 PSF
RM82,000
Level 5
441 sqft · RM186 PSF
RM80,000
Level 15
441 sqft · RM181 PSF
RM81,000
Level 10
441 sqft · RM184 PSF
RM115,000
Level 12
452 sqft · RM254 PSF
+3 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM69,500

RM181 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 45 subsale transactions in 2022, with a median price of RM70K and a median price per square foot (PSF) of RM181.

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 RM70K, with most transactions falling within a stable range of RM46K to RM99K, and a typical market range of RM63K to RM78K.

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

Price per square foot shows a median of RM181, though individual units vary from RM100 to RM262 in the core range. The broader market spans RM165.77 to RM196.77, indicating diverse property characteristics. A wider spread (IQR: RM31.00) and deviation (MAD: RM81) 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. Moderate transaction volume may require patience when buying or selling.