RAFFEL TOWER

Area Intelligence
2024
Median Price
RM 1,200,000
PSF: RM 748

Residential PSF Trends

Median Price

RM 1,200,000

PSF: RM 748

RAFFEL TOWER in Timur Laut, Penang recorded 7 subsale transactions in 2024, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 748.

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 1.20 million, with most transactions falling within a stable range of RM 1.01 million to RM 1.39 million, and a typical market range of RM 902K to RM 1.50 million.

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

The median PSF stands at RM 748, with core pricing between RM 646 and RM 850. Market pricing typically extends from RM 635.00 to RM 861.00, reflecting moderate variation in unit pricing. With an IQR of RM 226.00 and MAD of RM 102, 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.

Loading map...

RAFFEL TOWER, Timur Laut, Penang

OSM

Track location

Transactions

7 transactions grouped by size

1,400 sqft
Condo/Apartment
RM 860,000
Level 23
1,399 sqft · RM 615 PSF
1,600 sqft
Condo/Apartment
RM 1,200,000
Level 15
1,604 sqft · RM 748 PSF
RM 1,195,000
Level 15
1,604 sqft · RM 745 PSF
RM 1,503,000
Level 17
1,604 sqft · RM 937 PSF
RM 1,030,000
Level 12
1,604 sqft · RM 642 PSF
RM 1,235,000
Level 27
1,604 sqft · RM 770 PSF
RM 1,350,000
Level 15
1,604 sqft · RM 842 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access