Area Intelligence

JLN P. RAMLEE

5 properties
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Median Price
RM 1,080,000
PSF: RM 309

Residential Market

Median Price

RM 1,080,000

IQR: RM 207
MAD: RM 135
RM 567 PSF 11.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN P. RAMLEE in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 309.

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 1.08 million, with most transactions falling within a stable range of RM 922K to RM 1.24 million, and a typical market range of RM 961K to RM 1.20 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 309, with core pricing between RM 264 and RM 354. Market pricing typically extends from RM 169.50 to RM 448.50, reflecting moderate variation in unit pricing. With an IQR of RM 279.00 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JLN P. RAMLEE, Timur Laut, Penang

OSM

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Transactions

5 properties grouped by size

1,250 sqft
1 units Double Storey Terraced
RM 880,000
JALAN P RAMLEE
1,254 sqft · RM 702.00 PSF
Mar 2024
2,200 sqft
1 units Double Storey Terraced
RM 1,238,000
JLN P RAMLEE
2,185 sqft · RM 567.00 PSF
Sep 2022
3,750 sqft
1 units Detached
RM 1,080,000
JLN P RAMLEE
3,754 sqft · RM 288.00 PSF
Dec 2023
3,800 sqft
1 units Single Storey Semi-D
RM 1,000,000
JLN P RAMLEE
3,792 sqft · RM 264.00 PSF
Sep 2022
4,200 sqft
1 units Single Storey Semi-D
RM 1,300,000
JALAN P.RAMLEE
4,211 sqft · RM 309.00 PSF
Jan 2025