SRI RELAU COMPLEX Property Investment Analysis
SRI RELAU COMPLEX in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 237K and a median price per square foot (PSF) of RM 242.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 237K, with most transactions falling within a stable range of RM 208K to RM 266K, and a typical market range of RM 207K to RM 266K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
For price per square foot, the median is RM 242, with most transactions between RM 222 and RM 263. The usual range is RM 221.50 to RM 262.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop Unit/Retail Lot |
|
RM 320,000
|
RM 342.00
|
936 sqft
|
Jul 2024
|
Shop Unit/Retail Lot |
|
RM 200,000
|
RM 219.00
|
915 sqft
|
Apr 2024
|
Office Lot |
|
RM 295,000
|
RM 160.00
|
1,841 sqft
|
Mar 2024
|
Shop Unit/Retail Lot |
|
RM 215,000
|
RM 235.00
|
915 sqft
|
Mar 2024
|
Shop Unit/Retail Lot |
|
RM 280,000
|
RM 210.00
|
1,335 sqft
|
Jun 2023
|
Shop Unit/Retail Lot |
|
RM 235,000
|
RM 257.00
|
915 sqft
|
Nov 2022
|
Shop Unit/Retail Lot |
|
RM 228,000
|
RM 249.00
|
915 sqft
|
May 2022
|
Shop Unit/Retail Lot |
|
RM 238,000
|
RM 260.00
|
915 sqft
|
Jan 2022
|