LIST

Penang, Timur Laut, 13

RAFFEL TOWER

Area Intelligence
2023
Median Price
RM 600,000
PSF: RM 970
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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 970

RAFFEL TOWER in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 970.

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 600K, with most transactions falling within a stable range of RM 518K to RM 620K, and a typical market range of RM 425K to RM 620K.

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

For price per square foot, the median is RM 970, with most transactions between RM 933 and RM 1,007. The usual range is RM 857.00 to RM 1,083.00, showing that most units are priced quite close to each other. With an IQR of RM 226.00 and MAD of RM 37, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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RAFFEL TOWER, Timur Laut, Penang

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Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
450 sqft
Condo/Apartment
RM 460,000
Level 8
438 sqft · RM 1,050 PSF
RM 425,000
Level 8
438 sqft · RM 970 PSF
600 sqft
Condo/Apartment
RM 600,000
Level 11
619 sqft · RM 969 PSF
RM 600,000
Level 11
624 sqft · RM 961 PSF
RM 620,000
Level 11
600 sqft · RM 1,033 PSF

No Properties For Sale

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

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