Kampung Melayu in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.54 million and a median price per square foot (PSF) of RM388.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.54 million, with most transactions falling within a stable range of RM735K to RM2.35 million, and a typical market range of RM1.50 million to RM1.58 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM388, though individual units vary from RM269 to RM506 in the core range. The broader market spans RM364.06 to RM411.06, indicating diverse property characteristics. A wider spread (IQR: RM47.00) and deviation (MAD: RM118) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.