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Kampung Melayu
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Ayer Itam
Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsKampung Melayu in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM818K and a median price per square foot (PSF) of RM659.
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 RM818K, with most transactions falling within a stable range of RM735K to RM900K, and a typical market range of RM776K to RM859K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM659, with most transactions between RM612 and RM706. The usual range is RM635.50 to RM682.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM47.00 and an average deviation (MAD) of RM47 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.