Farlim Square

Jalan Pisang Embun, Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM2,378,500
PSF
RM640
Price Size
Period
transactions middle 50% (P25–P75)
3,700 sqft
3-Sty Shop
RM2,569,000
Jalan Pisang Embun
3,714 sqft · RM692 PSF
RM2,188,000
Jalan Pisang Berangan
3,714 sqft · RM589 PSF
Legend Recent Highest Price Highest PSF

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Farlim Square, Jalan Pisang Embun, Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Farlim Square in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM2.38 million and a median price per square foot (PSF) of RM640.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM2.38 million, with most transactions falling within a stable range of RM2.19 million to RM2.57 million, and a typical market range of RM2.19 million to RM2.57 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM640, with most transactions between RM589 and RM692. The usual range is RM462.87 to RM818.12, showing that most units are priced quite close to each other. With an IQR of RM355.25 and MAD of RM51, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.