RAFFEL TOWER

Area Intelligence
Median Price
RM 1,150,000
PSF: RM 744

Residential PSF Trends

Median Price

RM 1,150,000

PSF: RM 744

RAFFEL TOWER in Timur Laut, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 744.

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 1.15 million, with most transactions falling within a stable range of RM 965K to RM 1.34 million, and a typical market range of RM 860K to RM 1.45 million.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 744, with core pricing between RM 645 and RM 843. Market pricing typically extends from RM 631.00 to RM 857.00, reflecting moderate variation in unit pricing. With an IQR of RM 226.00 and MAD of RM 99, 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.

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RAFFEL TOWER, Timur Laut, Penang

OSM

Track location

Transactions

16 transactions found

RM 1,200,000
Level 15
1,604 sqft RM 748.00 PSF
RM 1,195,000
Level 15
1,604 sqft RM 745.00 PSF
RM 1,503,000
Level 17
1,604 sqft RM 937.00 PSF
RM 1,030,000
Level 12
1,604 sqft RM 642.00 PSF
RM 1,235,000
Level 27
1,604 sqft RM 770.00 PSF
RM 860,000
Level 23
1,399 sqft RM 615.00 PSF
RM 1,350,000
Level 15
1,604 sqft RM 842.00 PSF
RM 1,040,000
Level 13
1,399 sqft RM 743.00 PSF
RM 1,040,000
Level 13
1,400 sqft RM 743.00 PSF
RM 1,000,000
Level 7
1,604 sqft RM 624.00 PSF
RM 1,150,000
Level 23
1,604 sqft RM 717.00 PSF
RM 1,583,000
Level 19
1,604 sqft RM 987.00 PSF
RM 1,150,000
Level 25
1,600 sqft RM 719.00 PSF
RM 1,230,000
Level 7
1,600 sqft RM 769.00 PSF
RM 955,000
Level 21
1,400 sqft RM 682.00 PSF
RM 1,150,000
Level 16
1,400 sqft RM 821.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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