SRI RELAU COMPLEX

SRI RELAU COMPLEX in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 210.

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 280K, with most transactions falling within a stable range of RM 251K to RM 309K, and a typical market range of RM 251K to RM 310K.

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

For price per square foot, the median is RM 210, with most transactions between RM 190 and RM 231. The usual range is RM 189.50 to RM 230.50, 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.