Kampung MELAYU
Residential Market
Median Price
RM 900,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
2 properties
Median Price
RM 817,500
-18.3% CAGR
Median PSF
RM 659.00
-13.3% CAGR
Low-Cost House
2 properties
Median Price
RM 497,500
Median PSF
RM 428.50
Detached
1 properties
Median Price
RM 2,350,000
Median PSF
RM 269.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 2 |
RM 817,500
±83K MAD
|
-18.33% |
RM 659.00
±47 MAD
|
-13.31% | |
| Low-Cost House | 2 |
RM 497,500
|
- |
RM 428.50
|
- | |
| Detached | 1 |
RM 2,350,000
|
- |
RM 269.00
|
- |
KAMPUNG MELAYU in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 900K and a median price per square foot (PSF) of RM 706.
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 706, with most transactions between RM 706 and RM 706. The usual range is RM 682.50 to RM 729.50, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG KG. MELAYU
|
RM 900,000
|
RM 706.00
|
1,275 sqft
|
Aug 2022
|