Flat Kampong Melayu in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM70K and a median price per square foot (PSF) of RM146.

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 RM70K, with most transactions falling within a stable range of RM45K to RM109K, and a typical market range of RM62K to RM79K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM146, though individual units vary from RM91 to RM202 in the core range. The broader market spans RM124.37 to RM168.62, indicating diverse property characteristics. A wider spread (IQR: RM44.25) and deviation (MAD: RM55) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.