Melody Homes

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

Property Transactions

22 subsales grouped by size

Median
RM346,500
PSF
RM495
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
RM345,000
Level 3
700 sqft · RM493 PSF
RM390,000
Level 7
700 sqft · RM557 PSF
+16 more
Legend Recent Highest Price Highest PSF

Selling in Melody Homes? Homes here sold for a median of RM346,500.

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Market Snapshot

Residential

RM346,500

RM495 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 22 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM347K and a median price per square foot (PSF) of RM495.

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 RM347K, with most transactions falling within a stable range of RM308K to RM385K, and a typical market range of RM315K to RM378K.

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

The median PSF stands at RM495, with core pricing between RM440 and RM551. Market pricing typically extends from RM454.25 to RM536.25, reflecting moderate variation in unit pricing. With an IQR of RM82.00 and MAD of RM55, 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. Moderate transaction volume may require patience when buying or selling.