Flat Rifle Range
Timur Laut, Penang · High-rise (condo, apartment, flat) · Leasehold
Homes in Flat Rifle Range have sold for a median of
RM70,250
RM186 psf on the recorded floor area
Half of the 146 recorded sales fell between RM65,000 and RM80,000. One in ten went under RM58,500, one in ten over RM87,500. Sales run from 26 March 2021 to 28 January 2026.
Up 31% from a RM59,250 median in 2021 to RM77,500 in 2025.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM59,250 | RM157 psf | 8 |
| 2022 | RM69,000 | RM180 psf | 47 |
| 2023 | RM70,500 | RM183 psf | 41 |
| 2024 | RM75,000 | RM192 psf | 36 |
| 2025 | RM77,500 | RM206 psf | 12 |
| 2026 | RM86,500 | RM229 psf | 2 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Flat Rifle Range sits 2 of 154 in that set.
146 dearer schemes below
Against Penang
Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Flat Rifle Range’s own median is RM70,250 — lower than that state median. Full Penang table.
Cash and monthly on the RM70,250 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM7,025
- Transfer duty (MOT): RM703
- Loan duty (0.5%): RM316
- Total cash: RM8,044
- Qualifying first home: RM7,025 (duties exempt)
Monthly carry
- Instalment (35y @ 4.00%): RM280
- Total monthly: RM280
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Flat Rifle Range sold for?
- A median of RM70,250 (RM186 psf), from 146 land-office transactions between 26 March 2021 and 28 January 2026.
- What is a typical band here?
- Half of recorded sales fell between RM65,000 and RM80,000. One in ten went under RM58,500; one in ten over RM87,500.
- Has the median moved?
- From RM59,250 in 2021 to RM77,500 in 2025 (+31%), using only years with five or more sales.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.