Area Intelligence

Kampung MELAYU

3 properties
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Median Price
RM 817,500
PSF: RM 659

Residential Market

Median Price

RM 817,500

IQR: RM 47
MAD: RM 47
RM 659 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAMPUNG MELAYU in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 818K and a median price per square foot (PSF) of RM 659.

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 RM 818K, with most transactions falling within a stable range of RM 735K to RM 900K, and a typical market range of RM 776K to RM 859K.

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

For price per square foot, the median is RM 659, with most transactions between RM 612 and RM 706. The usual range is RM 635.50 to RM 682.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 47 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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Kampung MELAYU, Timur Laut, Penang

OSM

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Transactions

3 properties found

Detached JLN KAMPUNG MELAYU
RM 2,350,000
8,726 sqft Mar 2024
RM 269.00 PSF
Double Storey Terraced JALAN TUNGGAL
RM 735,000
1,201 sqft Apr 2023
RM 612.00 PSF
Double Storey Terraced LORONG KG. MELAYU
RM 900,000
1,275 sqft Aug 2022
RM 706.00 PSF