Area Intelligence

JLN P. RAMLEE

2 properties
Double Storey Terraced
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Median Price
RM 1,059,000
PSF: RM 635

Residential Market

Median Price

RM 1,059,000

IQR: RM 207
MAD: RM 135
RM 635 PSF 11.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN P. RAMLEE in Timur Laut, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 1.06 million and a median price per square foot (PSF) of RM 635.

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 1.06 million, with most transactions falling within a stable range of RM 880K to RM 1.24 million, and a typical market range of RM 940K to RM 1.18 million.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 635, with core pricing between RM 567 and RM 702. Market pricing typically extends from RM 495.00 to RM 774.00, reflecting moderate variation in unit pricing. With an IQR of RM 279.00 and MAD of RM 68, 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

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Transactions

2 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