Penang
Timur Laut
13
SRI RELAU COMPLEX

SRI RELAU COMPLEX

Area Intelligence

2022

Median Price

RM 235,000

PSF: RM 257

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Commercial PSF Trends

Median Price

RM 235,000

RM 257 PSF

SRI RELAU COMPLEX in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 235K and a median price per square foot (PSF) of RM 257.

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 235K, with most transactions falling within a stable range of RM 231K to RM 238K, and a typical market range of RM 228K to RM 238K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM 257, with most transactions between RM 252 and RM 262. The usual range is RM 236.50 to RM 277.50, 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 5 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.

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SRI RELAU COMPLEX, Timur Laut, Penang

OSM

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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

Min Size (sqft)

Max Size (sqft)

Clear

RM 235,000

Level 2

915 sqft • RM 257.00 PSF

Nov 2022

RM 228,000

Level 4

915 sqft • RM 249.00 PSF

May 2022

RM 238,000

Level 3

915 sqft • RM 260.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 235,000	RM 257.00	915 sqft	Nov 2022	Shop/Retail Lot
Level 4	RM 228,000	RM 249.00	915 sqft	May 2022	Shop/Retail Lot
Level 3	RM 238,000	RM 260.00	915 sqft	Jan 2022	Shop/Retail Lot