Flat Kampong Melayu in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM115K and a median price per square foot (PSF) of RM209.

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 RM115K, with most transactions falling within a stable range of RM74K to RM150K, and a typical market range of RM107K to RM124K.

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

Price per square foot shows a median of RM209, though individual units vary from RM151 to RM268 in the core range. The broader market spans RM187.37 to RM231.62, indicating diverse property characteristics. A wider spread (IQR: RM44.25) and deviation (MAD: RM59) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.