Melody Homes
Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold
Homes in Melody Homes have sold for a median of
RM350,000
RM493 psf on the recorded floor area
Half of the 31 recorded sales fell between RM317,500 and RM380,000. One in ten went under RM303,000, one in ten over RM400,000. Sales run from 11 March 2022 to 3 September 2025.
Down 5% from a RM367,500 median in 2022 to RM347,500 in 2024.
On mudah.my right now — 21 ads naming Melody Homes
Sellers are asking a median of
RM500 psf
That is +1% above the RM493 psf buyers actually paid here across all recorded sales. Same scheme, same kind of home, same floor-area basis.
Ads asking between RM320,000 and RM360,000 make up the middle half. An ad may still describe a renovated, larger or worse unit than the sales it is compared to, and mudah.my skews to owner and urgent sales — a figure a few percent under the record is common there.
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 Freehold 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 |
|---|---|---|---|
| 2022 | RM367,500 | RM506 psf | 12 |
| 2023 | RM350,000 | RM471 psf | 9 |
| 2024 | RM347,500 | RM482 psf | 6 |
| 2025 | RM315,000 | RM450 psf | 4 |
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, Melody Homes sits 73 of 154 in that set.
66 cheaper schemes above
75 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. Melody Homes’s own median is RM350,000 — higher than that state median. Full Penang table.
Cash and monthly on the RM350,000 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%): RM35,000
- Transfer duty (MOT): RM6,000
- Loan duty (0.5%): RM1,575
- Total cash: RM42,575
- Qualifying first home: RM35,000 (duties exempt)
Monthly carry
- Instalment (35y @ 4.00%): RM1,395
- Total monthly: RM1,395
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Melody Homes sold for?
- A median of RM350,000 (RM493 psf), from 31 land-office transactions between 11 March 2022 and 3 September 2025.
- What is a typical band here?
- Half of recorded sales fell between RM317,500 and RM380,000. One in ten went under RM303,000; one in ten over RM400,000.
- Has the median moved?
- From RM367,500 in 2022 to RM347,500 in 2024 (-5%), using only years with five or more sales.
- How do live ads compare?
- Ads naming Melody Homes ask a median of RM500 psf — +1% versus the RM493 psf buyers paid here. Same scheme match; not a mark-up on every listing.
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.