Flat Kampong Melayu

13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size

Median
RM50,500
PSF
RM129
Price Size
Period
transactions middle 50% (P25–P75)
400 sqft
LC Flat
RM50,000
Level 11
388 sqft · RM129 PSF
RM50,000
Level 4
388 sqft · RM129 PSF
RM45,000
Level 10
388 sqft · RM116 PSF
RM42,000
Level 7
377 sqft · RM111 PSF
RM55,000
Level 4
388 sqft · RM142 PSF
RM51,000
Level 1
398 sqft · RM128 PSF
+3 more
550 sqft
LC Flat
RM150,000
Level 2
549 sqft · RM273 PSF
RM115,000
Level 12
549 sqft · RM209 PSF
RM90,000
Level 9
549 sqft · RM164 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM50,500

RM129 psf

Median transaction price

Flat Kampong Melayu
© OpenStreetMap · CARTO

13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Flat Kampong Melayu in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM51K and a median price per square foot (PSF) of RM129.

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 RM51K, with most transactions falling within a stable range of RM30K to RM85K, and a typical market range of RM42K to RM59K.

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

Price per square foot shows a median of RM129, though individual units vary from RM79 to RM179 in the core range. The broader market spans RM106.90 to RM151.15, indicating diverse property characteristics. A wider spread (IQR: RM44.25) and deviation (MAD: RM50) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.