Area Intelligence

Kampung MELAYU

1 properties
2023
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Median Price
RM 735,000
PSF: RM 612

Residential Market

Median Price

RM 735,000

IQR: RM 47
MAD: RM 47
RM 612 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAMPUNG MELAYU in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 735K and a median price per square foot (PSF) of RM 612.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 612, with most transactions between RM 612 and RM 612. The usual range is RM 588.50 to RM 635.50, 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 0 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

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Transactions

1 properties found

Double Storey Terraced JALAN TUNGGAL
RM 735,000
1,201 sqft Apr 2023
RM 612.00 PSF