Area Intelligence

RUMAH PANGSA MPPP

16 properties
2022
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Median Price
RM 200,000
PSF: RM 324

Residential Market

Median Price

RM 200,000

IQR: RM 41
MAD: RM 17
RM 315 PSF 3.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 142,500

IQR: RM 63
MAD: RM 42
RM 490 PSF 6.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RUMAH PANGSA MPPP in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 200K and a median price per square foot (PSF) of RM 324.

This area contains both residential and commercial properties. View 46 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 200K, with most transactions falling within a stable range of RM 158K to RM 242K, and a typical market range of RM 180K to RM 220K.

Most transactions involved flats, with moderate diversity in property types available.

Price per square foot shows a median of RM 324, though individual units vary from RM 251 to RM 397 in the core range. The broader market spans RM 294.50 to RM 353.50, indicating diverse property characteristics. The spread of RM 59.00 (IQR) and deviation of RM 73 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RUMAH PANGSA MPPP, Timur Laut, Penang

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Transactions

16 properties grouped by size

200 sqft
1 units Shop/Retail Lot
RM 85,000
205 sqft · RM 416.00 PSF
Oct 2022
350 sqft
1 units Shop/Retail Lot
RM 200,000
355 sqft · RM 563.00 PSF
May 2022
550 sqft
5 units Low-Cost Flat
RM 200,000
549 sqft · RM 364.00 PSF
Oct 2022
RM 115,000
549 sqft · RM 209.00 PSF
Jul 2022
RM 180,000
549 sqft · RM 328.00 PSF
Jun 2022
RM 160,000
549 sqft · RM 291.00 PSF
Jun 2022
RM 170,000
549 sqft · RM 310.00 PSF
May 2022
650 sqft
9 units (showing 6)
RM 230,000
Flat
657 sqft · RM 350.00 PSF
Nov 2022
RM 250,000
Flat
657 sqft · RM 381.00 PSF
Oct 2022
RM 198,000
Flat
657 sqft · RM 302.00 PSF
Oct 2022
RM 200,000
Flat
657 sqft · RM 305.00 PSF
Sep 2022
RM 240,000
Low-Cost Flat
657 sqft · RM 366.00 PSF
Sep 2022
RM 210,000
Flat
657 sqft · RM 320.00 PSF
Jul 2022