RAFFEL TOWER

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

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.

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

For price per square foot, the median is RM 912, with most transactions between RM 910 and RM 915. The usual range is RM 799.00 to RM 1,025.00, showing that most units are priced quite close to each other. With an IQR of RM 226.00 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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RAFFEL TOWER, Timur Laut, Penang

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Transactions

3 transactions grouped by size

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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