Area Intelligence

FLAT RIFLE RANGE

2 properties
2025
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Median Price
RM 83,000
PSF: RM 221

Residential Market

Median Price

RM 83,000

IQR: RM 29
MAD: RM 15
RM 221 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 2 subsale transactions in 2025, with a median price of RM 83K and a median price per square foot (PSF) of RM 221.

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 83K, with most transactions falling within a stable range of RM 78K to RM 88K, and a typical market range of RM 78K to RM 88K.

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

For price per square foot, the median is RM 221, with most transactions between RM 207 and RM 234. The usual range is RM 204.75 to RM 236.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.50 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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FLAT RIFLE RANGE, Timur Laut, Penang

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Transactions

2 properties grouped by size

400 sqft
2 units 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