Kampung Melayu in Timur Laut, Penang recorded 0 subsale transactions in 2023, with a median price of RM538K and a median price per square foot (PSF) of RM415.

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 RM538K, with most transactions falling within a stable range of RM441K to RM635K, and a typical market range of RM469K to RM607K.

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

For price per square foot, the median is RM415, with most transactions between RM388 and RM442. The usual range is RM398.75 to RM431.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM32.50 and an average deviation (MAD) of RM27 indicate a highly stable PSF trend across properties.

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.