Area Intelligence

RUMAH PANGSA MPPP

17 properties
Low-Cost Flat
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Median Price
RM 180,000
PSF: RM 328

Residential Market

Median Price

RM 180,000

IQR: RM 41
MAD: RM 17
RM 328 PSF 3.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 86,000

IQR: RM 63
MAD: RM 42
RM 415 PSF 6.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RUMAH PANGSA MPPP in Timur Laut, Penang recorded 17 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 180K and a median price per square foot (PSF) of RM 328.

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 180K, with most transactions falling within a stable range of RM 151K to RM 209K, and a typical market range of RM 160K to RM 200K.

Within the Low-Cost Flat category, flats dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 328, with core pricing between RM 282 and RM 374. Market pricing typically extends from RM 298.50 to RM 357.50, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 46, 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. 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

17 properties grouped by size

550 sqft
16 units (showing 6) Low-Cost Flat
RM 184,000
549 sqft · RM 335.00 PSF
Jul 2024
RM 165,000
549 sqft · RM 301.00 PSF
Jun 2024
RM 200,000
549 sqft · RM 364.00 PSF
Mar 2024
RM 220,000
549 sqft · RM 401.00 PSF
Oct 2023
RM 178,000
549 sqft · RM 324.00 PSF
Oct 2023
RM 180,000
549 sqft · RM 328.00 PSF
Sep 2023
650 sqft
1 units Low-Cost Flat
RM 240,000
657 sqft · RM 366.00 PSF
Sep 2022