Area Intelligence

RUMAH PANGSA MPPP

5 properties
2021
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Median Price
RM 170,000
PSF: RM 310

Residential Market

Median Price

RM 195,000

IQR: RM 41
MAD: RM 17
RM 305 PSF 3.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 117,500

IQR: RM 63
MAD: RM 42
RM 378 PSF 6.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RUMAH PANGSA MPPP in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 170K and a median price per square foot (PSF) of RM 310.

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 170K, with most transactions falling within a stable range of RM 123K to RM 200K, and a typical market range of RM 150K to RM 190K.

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

The median PSF stands at RM 310, with core pricing between RM 267 and RM 353. Market pricing typically extends from RM 280.50 to RM 339.50, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 43, 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

5 properties grouped by size

200 sqft
1 units Shop/Retail Lot
RM 70,000
205 sqft · RM 342.00 PSF
Nov 2021
400 sqft
1 units Shop/Retail Lot
RM 165,000
398 sqft · RM 414.00 PSF
Dec 2021
550 sqft
1 units Low-Cost Flat
RM 170,000
549 sqft · RM 310.00 PSF
Jul 2021
650 sqft
2 units Flat
RM 195,000
657 sqft · RM 297.00 PSF
Sep 2021
RM 200,000
657 sqft · RM 305.00 PSF
Sep 2021