LIST

Penang, Timur Laut, 13

RAFFEL TOWER

Area Intelligence
2022
Median Price
RM 1,150,000
PSF: RM 912
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Residential PSF Trends

Median Price

RM 1,150,000

PSF: RM 912

RAFFEL TOWER in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 912.

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 745K to RM 1.55 million, and a typical market range of RM 852K to RM 1.45 million.

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

The median PSF stands at RM 912, with core pricing between RM 812 and RM 1,012. Market pricing typically extends from RM 799.00 to RM 1,025.00, reflecting moderate variation in unit pricing. With an IQR of RM 226.00 and MAD of RM 100, 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

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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
600 sqft
Condo/Apartment
RM 550,000
Level 10
600 sqft · RM 917 PSF
RM 550,000
Level 10
603 sqft · RM 912 PSF
1,600 sqft
Condo/Apartment
RM 1,583,000
Level 19
1,604 sqft · RM 987 PSF
RM 1,150,000
Level 25
1,600 sqft · RM 719 PSF
RM 1,230,000
Level 7
1,600 sqft · RM 769 PSF

No Properties For Sale

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

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