Rifle Range

Blok J, Rumah Pangsa Padang Tembak, Rifle Range, Jln Padang Tembak, Taman Ayer Itam, 11400 George Town, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM385,000
PSF
RM550

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM470,000
Level 20
700 sqft · RM672 PSF
RM400,000
Level 10
700 sqft · RM572 PSF
RM400,000
Level 15
700 sqft · RM572 PSF
RM380,000
Level 23
700 sqft · RM543 PSF
RM385,000
Level 19
700 sqft · RM550 PSF
RM380,000
Level 18
700 sqft · RM543 PSF
RM375,000
Level 11
700 sqft · RM536 PSF
Legend Recent Highest Price Highest PSF

Selling in Rifle Range? Homes here sold for a median of RM385,000.

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Market Snapshot

Residential

RM385,000

RM550 psf

Median transaction price

Green Lane Heights - Blok J
© OpenStreetMap · CARTO

Blok J, Rumah Pangsa Padang Tembak, Rifle Range, Jln Padang Tembak, Taman Ayer Itam, 11400 George Town, Pulau Pinang, Malaysia

Maps

Rifle Range in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM385K and a median price per square foot (PSF) of RM550.

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 RM385K, with most transactions falling within a stable range of RM375K to RM416K, and a typical market range of RM375K to RM395K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM550, with most transactions between RM507 and RM594. The usual range is RM535.78 to RM564.78, showing that most units are priced quite close to each other. A typical spread (IQR) of RM29.00 and an average deviation (MAD) of RM44 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.