Flat Kampong Melayu

13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM36,500
PSF
RM95
Price Size
Period
transactions middle 50% (P25–P75)
400 sqft
LC Flat
RM40,000
Level 10
388 sqft · RM103 PSF
RM30,000
Level 10
377 sqft · RM80 PSF
RM38,000
Level 13
388 sqft · RM98 PSF
RM55,000
Level 11
377 sqft · RM146 PSF
RM35,000
Level 5
377 sqft · RM93 PSF
RM35,000
Level 2
388 sqft · RM90 PSF
RM35,000
Level 6
388 sqft · RM90 PSF
550 sqft
LC Flat
RM99,000
Level 5
549 sqft · RM180 PSF
Legend Recent Highest Price Highest PSF

Posts about Flat Kampong Melayu

What’s happening in Flat Kampong Melayu?

No posts about Flat Kampong Melayu yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM36,500

RM95 psf

Median transaction price

Flat Kampong Melayu
© OpenStreetMap · CARTO

13, Jalan Kampung Melayu, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Flat Kampong Melayu in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM37K and a median price per square foot (PSF) of RM95.

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 RM37K, with most transactions falling within a stable range of RM30K to RM58K, and a typical market range of RM30K to RM45K.

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

Price per square foot shows a median of RM95, though individual units vary from RM63 to RM128 in the core range. The broader market spans RM73.36 to RM117.61, indicating diverse property characteristics. A wider spread (IQR: RM44.25) and deviation (MAD: RM32) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.