Melody Homes

Lbh Thean Teik, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM315,000
PSF
RM450
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM420,000
Level 10
700 sqft · RM600 PSF
RM320,000
Level 17
700 sqft · RM457 PSF
RM310,000
Level 22
700 sqft · RM443 PSF
RM305,000
Level 14
700 sqft · RM436 PSF
750 sqft
Flat
RM300,000
Level 8
743 sqft · RM404 PSF
RM350,000
Level 24
743 sqft · RM471 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM315,000

RM450 psf

Median transaction price

Average

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Melody Homes
© OpenStreetMap · CARTO

Lbh Thean Teik, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Melody Homes in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM315K and a median price per square foot (PSF) of RM450.

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 RM315K, with most transactions falling within a stable range of RM300K to RM357K, and a typical market range of RM300K to RM346K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM450, with core pricing between RM388 and RM513. Market pricing typically extends from RM409.23 to RM491.23, reflecting moderate variation in unit pricing. With an IQR of RM82.00 and MAD of RM62, 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.