Area Intelligence

TAMAN SERI RELAU

4 properties
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Median Price
RM 1,406,500
PSF: RM 428

Residential Market

Median Price

RM 1,406,500

IQR: RM 76
MAD: RM 53
RM 428 PSF 16.8%

PSF Trends (2021-2025)

TAMAN SERI RELAU in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 1.41 million and a median price per square foot (PSF) of RM 428.

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 RM 1.41 million, with most transactions falling within a stable range of RM 1.10 million to RM 1.71 million, and a typical market range of RM 1.10 million to RM 1.72 million.

Most transactions involved detached, with moderate diversity in property types available.

The median PSF stands at RM 428, with core pricing between RM 375 and RM 481. Market pricing typically extends from RM 390.13 to RM 465.88, reflecting moderate variation in unit pricing. With an IQR of RM 75.75 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN SERI RELAU, Barat Daya, Penang

OSM

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Transactions

4 properties grouped by size

2,400 sqft
1 units Double Storey Semi-D
RM 1,021,000
LENGKOK RELAU 1
2,390 sqft · RM 427.00 PSF
Feb 2022
2,750 sqft
1 units Detached
RM 1,188,000
LENGKOK RELAU 1
2,766 sqft · RM 429.00 PSF
Feb 2024
3,050 sqft
1 units Double Storey Semi-D
RM 1,625,000
LENGKOK RELAU 1
3,046 sqft · RM 533.00 PSF
Mar 2022
9,300 sqft
1 units Detached
RM 2,200,000
LENGKOK RELAU 1
9,322 sqft · RM 236.00 PSF
Mar 2024