Area Intelligence

FLAT RIFLE RANGE

130 properties
Low-Cost Flat
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Median Price
RM 70,000
PSF: RM 184

Residential Market

Median Price

RM 70,000

IQR: RM 29
MAD: RM 15
RM 184 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 130 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 70K and a median price per square foot (PSF) of RM 184.

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 57K to RM 83K, and a typical market range of RM 63K to RM 78K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with minimal variety in property types.

The median PSF stands at RM 184, with core pricing between RM 155 and RM 213. Market pricing typically extends from RM 168.25 to RM 199.75, 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. Moderate price stability provides a balanced market for both buyers and sellers. Steady transaction activity supports reliable market pricing.

Area Location

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FLAT RIFLE RANGE, Timur Laut, Penang

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Transactions

130 properties grouped by size

400 sqft
107 units (showing 6) Low-Cost Flat
RM 78,000
377 sqft · RM 207.00 PSF
Feb 2025
RM 88,000
377 sqft · RM 234.00 PSF
Jan 2025
RM 75,000
377 sqft · RM 199.00 PSF
Nov 2024
RM 80,000
377 sqft · RM 212.00 PSF
Oct 2024
RM 60,000
377 sqft · RM 159.00 PSF
Sep 2024
RM 76,000
377 sqft · RM 202.00 PSF
Sep 2024
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