Area Intelligence

FLAT RIFLE RANGE

23 properties
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Median Price
RM 84,000
PSF: RM 186

Residential Market

Median Price

RM 84,000

IQR: RM 29
MAD: RM 15
RM 186 PSF 6.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 130,000

IQR: RM 181
MAD: RM 61
RM 351 PSF 6.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

FLAT RIFLE RANGE in Timur Laut, Penang recorded 23 subsale transactions between 2021 and 2025, with a median price of RM 84K and a median price per square foot (PSF) of RM 186.

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 84K, with most transactions falling within a stable range of RM 71K to RM 97K, and a typical market range of RM 77K to RM 92K.

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

The median PSF stands at RM 186, with core pricing between RM 157 and RM 215. Market pricing typically extends from RM 170.25 to RM 201.75, reflecting moderate variation in unit pricing. The spread of RM 31.50 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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FLAT RIFLE RANGE, Timur Laut, Penang

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Transactions

23 properties grouped by size

450 sqft
23 units (showing 6) Low-Cost Flat
RM 75,000
441 sqft · RM 170.00 PSF
Nov 2024
RM 110,000
452 sqft · RM 243.00 PSF
Oct 2024
RM 84,000
441 sqft · RM 190.00 PSF
Jul 2024
RM 97,000
441 sqft · RM 220.00 PSF
May 2024
RM 60,000
441 sqft · RM 136.00 PSF
Nov 2023
RM 85,000
454 sqft · RM 187.00 PSF
Nov 2023