Melody Homes

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

Property Transactions

6 subsales found

Median
RM347,500
PSF
RM482
Price Size
Period
transactions middle 50% (P25–P75)
RM305,000
Level 14
700 sqft RM436 PSF
RM350,000
Level 24
743 sqft RM471 PSF
RM330,000
Level 13
743 sqft RM444 PSF
RM345,000
Level 3
700 sqft RM493 PSF
RM390,000
Level 7
700 sqft RM557 PSF
RM370,000
Level 12
700 sqft RM529 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM347,500

RM482 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 in 2024, with a median price of RM348K and a median price per square foot (PSF) of RM482.

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 RM348K, with most transactions falling within a stable range of RM320K to RM375K, and a typical market range of RM316K to RM379K.

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

For price per square foot, the median is RM482, with most transactions between RM439 and RM526. The usual range is RM441.18 to RM523.18, showing that most units are priced quite close to each other. With an IQR of RM82.00 and MAD of RM44, 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.