Rifle Range
Blok J, Rumah Pangsa Padang Tembak, Rifle Range, Jln Padang Tembak, Taman Ayer Itam, 11400 George Town, Pulau Pinang, Malaysia
Blok J, Rumah Pangsa Padang Tembak, Rifle Range, Jln Padang Tembak, Taman Ayer Itam, 11400 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM318,000
|
RM455
|
700 sqft
|
|
|
|
Level 22
|
RM400,000
|
RM572
|
700 sqft
|
|
|
|
Level 12
|
RM475,000
|
RM679
|
700 sqft
|
|
|
|
Level 4
|
RM380,000
|
RM543
|
700 sqft
|
|
|
|
Level 8
|
RM400,000
|
RM572
|
700 sqft
|
|
|
|
Level 20
|
RM410,000
|
RM586
|
700 sqft
|
|
Selling in Rifle Range? Homes here sold for a median of RM392,500.
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Rifle Range
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 Georgetown
Market Snapshot
ResidentialRM392,500
RM561 psfMedian transaction price
Blok J, Rumah Pangsa Padang Tembak, Rifle Range, Jln Padang Tembak, Taman Ayer Itam, 11400 George Town, Pulau Pinang, Malaysia
MapsRifle Range in Timur Laut, Penang recorded 16 Flat properties subsale transactions between 2021 and 2026, with a median price of RM393K and a median price per square foot (PSF) of RM561.
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 RM393K, with most transactions falling within a stable range of RM355K to RM430K, and a typical market range of RM383K to RM403K.
Within the Flat category, flats dominated the market, with minimal variety in property types.
For price per square foot, the median is RM561, with most transactions between RM507 and RM615. The usual range is RM546.49 to RM575.49, showing that most units are priced quite close to each other. A typical spread (IQR) of RM29.00 and an average deviation (MAD) of RM54 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.