| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM55,000
|
RM142
|
388 sqft
|
|
|
|
Level 1
|
RM51,000
|
RM128
|
398 sqft
|
|
|
|
Level 9
|
RM40,000
|
RM103
|
388 sqft
|
|
|
|
Level 8
|
RM30,000
|
RM80
|
377 sqft
|
|
|
|
Level 2
|
RM56,000
|
RM141
|
398 sqft
|
|
|
|
Level G
|
RM58,000
|
RM146
|
398 sqft
|
|
Selling in Flat Kampong Melayu? Homes here sold for a median of RM53,000.
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Flat Kampong Melayu
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
Market Snapshot
ResidentialRM53,000
RM134 psfMedian transaction price
13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsFlat Kampong Melayu in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM53K and a median price per square foot (PSF) of RM134.
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 RM53K, with most transactions falling within a stable range of RM43K to RM58K, and a typical market range of RM45K to RM58K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM134, with core pricing between RM110 and RM158. Market pricing typically extends from RM112.21 to RM156.46, reflecting moderate variation in unit pricing. The spread of RM44.25 (IQR) and deviation of RM24 (MAD) suggest moderate price variations reflecting different property features.
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.