FLAT RIFLE RANGE

FLAT RIFLE RANGE in Timur Laut, Penang recorded 9 subsale transactions in 2021, with a median price of RM 55K and a median price per square foot (PSF) of RM 173.

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 55K, with most transactions falling within a stable range of RM 50K to RM 69K, and a typical market range of RM 50K to RM 63K.

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

Price per square foot shows a median of RM 173, though individual units vary from RM 121 to RM 225 in the core range. The broader market spans RM 157.25 to RM 188.75, indicating diverse property characteristics. A wider spread (IQR: RM 31.50) and deviation (MAD: RM 52) 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. Limited transaction history suggests carefully evaluating comparable sales data.