Penang
Timur Laut
Ayer Itam
FLAT RIFLE RANGE

Area Intelligence

Ayer Itam, Timur Laut, Penang

FLAT RIFLE RANGE

45 properties

2022

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Median Price

RM 70,000

PSF: RM 181

Residential Market

Median Price

RM 69,500

IQR: RM 29

MAD: RM 15

RM 181 PSF 6.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 250,000

IQR: RM 181

MAD: RM 61

RM 704 PSF 6.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Low-Cost Flat

130 properties

Median Price

RM 71,000

+8.7% CAGR

Median PSF

RM 183.00

+8.7% CAGR

Shop/Retail Lot

4 properties

Median Price

RM 130,000

+53.7% CAGR

Median PSF

RM 339.50

+6.2% CAGR

Flat

1 properties

Median Price

RM 80,000

Median PSF

RM 212.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Low-Cost Flat	130	RM 71,000 ±4K MAD	+8.68%	RM 183.00 ±8 MAD	+8.69%
Shop/Retail Lot	4	RM 130,000 ±75K MAD	+53.74%	RM 339.50 ±39 MAD	+6.20%
Flat	1	RM 80,000	-	RM 212.00	-

FLAT RIFLE RANGE in Timur Laut, Penang recorded 45 subsale transactions in 2022, with a median price of RM 70K and a median price per square foot (PSF) of RM 181.

This area contains both residential and commercial properties. View 131 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 70K, with most transactions falling within a stable range of RM 46K to RM 99K, and a typical market range of RM 63K to RM 78K.

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

Price per square foot shows a median of RM 181, though individual units vary from RM 100 to RM 262 in the core range. The broader market spans RM 165.25 to RM 196.75, indicating diverse property characteristics. A wider spread (IQR: RM 31.50) and deviation (MAD: RM 81) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

Area Location

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FLAT RIFLE RANGE, Timur Laut, Penang

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Property Type

All Types Flat Low-Cost Flat Shop/Retail Lot

Year

All Years 2025 2024 2023 2022 2021

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Transactions

45 properties found

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Grouped Individual

Low-Cost Flat

RM 83,000

452 sqft Dec 2022

RM 184.00 PSF

Low-Cost Flat

RM 86,000

452 sqft Nov 2022

RM 190.00 PSF

Low-Cost Flat

RM 78,000

388 sqft Nov 2022

RM 201.00 PSF

Low-Cost Flat

RM 70,000

377 sqft Nov 2022

RM 186.00 PSF

Low-Cost Flat

RM 80,000

377 sqft Nov 2022

RM 212.00 PSF

Low-Cost Flat

RM 60,000

377 sqft Nov 2022

RM 159.00 PSF

Shop/Retail Lot

RM 250,000

355 sqft Oct 2022

RM 704.00 PSF

Low-Cost Flat

RM 65,000

377 sqft Oct 2022

RM 173.00 PSF

Low-Cost Flat

RM 65,000

377 sqft Oct 2022

RM 173.00 PSF

Low-Cost Flat

RM 63,000

377 sqft Oct 2022

RM 167.00 PSF

Low-Cost Flat

RM 82,000

441 sqft Sep 2022

RM 186.00 PSF

Low-Cost Flat

RM 65,000

377 sqft Sep 2022

RM 173.00 PSF

Low-Cost Flat

RM 53,000

377 sqft Aug 2022

RM 141.00 PSF

Low-Cost Flat

RM 53,000

377 sqft Aug 2022

RM 141.00 PSF

Low-Cost Flat

RM 80,000

441 sqft Jul 2022

RM 181.00 PSF

Low-Cost Flat

RM 77,000

377 sqft Jul 2022

RM 204.00 PSF

Low-Cost Flat

RM 75,000

377 sqft Jul 2022

RM 199.00 PSF

Low-Cost Flat

RM 78,000

377 sqft Jul 2022

RM 207.00 PSF

Low-Cost Flat

RM 72,000

377 sqft Jul 2022

RM 191.00 PSF

Low-Cost Flat

RM 70,000

377 sqft Jun 2022

RM 186.00 PSF

Low-Cost Flat

RM 60,000

377 sqft Jun 2022

RM 159.00 PSF

Low-Cost Flat

RM 63,000

377 sqft Jun 2022

RM 167.00 PSF

Low-Cost Flat

RM 75,000

377 sqft Jun 2022

RM 199.00 PSF

Low-Cost Flat

RM 64,000

377 sqft Jun 2022

RM 170.00 PSF

Low-Cost Flat

RM 81,000

441 sqft Jun 2022

RM 184.00 PSF

Low-Cost Flat

RM 115,000

452 sqft Jun 2022

RM 254.00 PSF

Low-Cost Flat

RM 62,000

377 sqft Jun 2022

RM 165.00 PSF

Low-Cost Flat

RM 68,000

377 sqft Jun 2022

RM 180.00 PSF

Low-Cost Flat

RM 46,000

377 sqft May 2022

RM 122.00 PSF

Low-Cost Flat

RM 68,000

377 sqft May 2022

RM 180.00 PSF

Low-Cost Flat

RM 73,000

377 sqft May 2022

RM 194.00 PSF

Low-Cost Flat

RM 70,000

377 sqft May 2022

RM 186.00 PSF

Low-Cost Flat

RM 84,000

452 sqft Apr 2022

RM 186.00 PSF

Low-Cost Flat

RM 51,000

377 sqft Apr 2022

RM 135.00 PSF

Low-Cost Flat

RM 70,000

377 sqft Apr 2022

RM 186.00 PSF

Low-Cost Flat

RM 84,000

452 sqft Mar 2022

RM 186.00 PSF

Low-Cost Flat

RM 50,000

377 sqft Mar 2022

RM 133.00 PSF

Low-Cost Flat

RM 70,000

377 sqft Mar 2022

RM 186.00 PSF

Low-Cost Flat

RM 60,000

377 sqft Mar 2022

RM 159.00 PSF

Low-Cost Flat

RM 68,000

377 sqft Mar 2022

RM 180.00 PSF

Low-Cost Flat

RM 69,000

377 sqft Mar 2022

RM 183.00 PSF

Low-Cost Flat

RM 67,000

377 sqft Feb 2022

RM 178.00 PSF

Low-Cost Flat

RM 55,000

377 sqft Feb 2022

RM 146.00 PSF

Low-Cost Flat

RM 75,000

452 sqft Jan 2022

RM 166.00 PSF

Low-Cost Flat

RM 61,000

377 sqft Jan 2022

RM 162.00 PSF

Type	Price	PSF	Area	Date
Low-Cost Flat	RM 83,000	RM 184.00	452 sqft	Dec 2022
Low-Cost Flat	RM 86,000	RM 190.00	452 sqft	Nov 2022
Low-Cost Flat	RM 78,000	RM 201.00	388 sqft	Nov 2022
Low-Cost Flat	RM 70,000	RM 186.00	377 sqft	Nov 2022
Low-Cost Flat	RM 80,000	RM 212.00	377 sqft	Nov 2022
Low-Cost Flat	RM 60,000	RM 159.00	377 sqft	Nov 2022
Shop/Retail Lot	RM 250,000	RM 704.00	355 sqft	Oct 2022
Low-Cost Flat	RM 65,000	RM 173.00	377 sqft	Oct 2022
Low-Cost Flat	RM 65,000	RM 173.00	377 sqft	Oct 2022
Low-Cost Flat	RM 63,000	RM 167.00	377 sqft	Oct 2022
Low-Cost Flat	RM 82,000	RM 186.00	441 sqft	Sep 2022
Low-Cost Flat	RM 65,000	RM 173.00	377 sqft	Sep 2022
Low-Cost Flat	RM 53,000	RM 141.00	377 sqft	Aug 2022
Low-Cost Flat	RM 53,000	RM 141.00	377 sqft	Aug 2022
Low-Cost Flat	RM 80,000	RM 181.00	441 sqft	Jul 2022
Low-Cost Flat	RM 77,000	RM 204.00	377 sqft	Jul 2022
Low-Cost Flat	RM 75,000	RM 199.00	377 sqft	Jul 2022
Low-Cost Flat	RM 78,000	RM 207.00	377 sqft	Jul 2022
Low-Cost Flat	RM 72,000	RM 191.00	377 sqft	Jul 2022
Low-Cost Flat	RM 70,000	RM 186.00	377 sqft	Jun 2022
Low-Cost Flat	RM 60,000	RM 159.00	377 sqft	Jun 2022
Low-Cost Flat	RM 63,000	RM 167.00	377 sqft	Jun 2022
Low-Cost Flat	RM 75,000	RM 199.00	377 sqft	Jun 2022
Low-Cost Flat	RM 64,000	RM 170.00	377 sqft	Jun 2022
Low-Cost Flat	RM 81,000	RM 184.00	441 sqft	Jun 2022
Low-Cost Flat	RM 115,000	RM 254.00	452 sqft	Jun 2022
Low-Cost Flat	RM 62,000	RM 165.00	377 sqft	Jun 2022
Low-Cost Flat	RM 68,000	RM 180.00	377 sqft	Jun 2022
Low-Cost Flat	RM 46,000	RM 122.00	377 sqft	May 2022
Low-Cost Flat	RM 68,000	RM 180.00	377 sqft	May 2022
Low-Cost Flat	RM 73,000	RM 194.00	377 sqft	May 2022
Low-Cost Flat	RM 70,000	RM 186.00	377 sqft	May 2022
Low-Cost Flat	RM 84,000	RM 186.00	452 sqft	Apr 2022
Low-Cost Flat	RM 51,000	RM 135.00	377 sqft	Apr 2022
Low-Cost Flat	RM 70,000	RM 186.00	377 sqft	Apr 2022
Low-Cost Flat	RM 84,000	RM 186.00	452 sqft	Mar 2022
Low-Cost Flat	RM 50,000	RM 133.00	377 sqft	Mar 2022
Low-Cost Flat	RM 70,000	RM 186.00	377 sqft	Mar 2022
Low-Cost Flat	RM 60,000	RM 159.00	377 sqft	Mar 2022
Low-Cost Flat	RM 68,000	RM 180.00	377 sqft	Mar 2022
Low-Cost Flat	RM 69,000	RM 183.00	377 sqft	Mar 2022
Low-Cost Flat	RM 67,000	RM 178.00	377 sqft	Feb 2022
Low-Cost Flat	RM 55,000	RM 146.00	377 sqft	Feb 2022
Low-Cost Flat	RM 75,000	RM 166.00	452 sqft	Jan 2022
Low-Cost Flat	RM 61,000	RM 162.00	377 sqft	Jan 2022