Area Intelligence

TAMAN RIFLE

1 properties
2023
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Median Price
RM 240,000
PSF: RM 347

Residential Market

Median Price

RM 240,000

IQR: RM 44
MAD: RM 22
RM 347 PSF 2.0%

PSF Trends (2021-2025)

TAMAN RIFLE in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 347.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 347, with most transactions between RM 347 and RM 347. The usual range is RM 325.25 to RM 368.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN RIFLE, Timur Laut, Penang

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Transactions

1 properties found

Flat
RM 240,000
692 sqft May 2023
RM 347.00 PSF