Kampung MELAYU
Residential Market
Median Price
RM 817,500
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 0 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.