FLAT RIFLE RANGE

FLAT RIFLE RANGE in Timur Laut, Penang recorded 43 subsale transactions in 2023, with a median price of RM 72K 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 72K, with most transactions falling within a stable range of RM 54K to RM 90K, and a typical market range of RM 65K to RM 80K.

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

Price per square foot shows a median of RM 186, though individual units vary from RM 142 to RM 230 in the core range. The broader market spans RM 170.25 to RM 201.75, indicating diverse property characteristics. The spread of RM 31.50 (IQR) and deviation of RM 44 (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. Moderate transaction volume may require patience when buying or selling.