Melody Homes

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

Property Transactions

9 subsales found

Median
RM365,000
PSF
RM491
Price Size
Period
transactions middle 50% (P25–P75)
RM300,000
Level 8
743 sqft RM404 PSF
RM350,000
Level 24
743 sqft RM471 PSF
RM330,000
Level 13
743 sqft RM444 PSF
RM350,000
Level 5
743 sqft RM471 PSF
RM400,000
Level 8
743 sqft RM539 PSF
RM400,000
Level 25
743 sqft RM539 PSF
RM365,000
Level 20
743 sqft RM491 PSF
RM380,000
Level 19
743 sqft RM512 PSF
RM385,000
Level 20
743 sqft RM518 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM365,000

RM491 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 9 subsale transactions between 2021 and 2026, sized between 725 and 774 sqft, with a median price of RM365K and a median price per square foot (PSF) of RM491.

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 RM365K, with most transactions falling within a stable range of RM334K to RM396K, and a typical market range of RM334K to RM396K.

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

For price per square foot, the median is RM491, with most transactions between RM449 and RM534. The usual range is RM450.44 to RM532.44, showing that most units are priced quite close to each other. With an IQR of RM82.00 and MAD of RM42, 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.