SRI RELAU COMPLEX

Area Intelligence
2024
Median Price
RM 215,000
PSF: RM 235

Commercial PSF Trends

Median Price

RM 215,000

RM 235 PSF

SRI RELAU COMPLEX in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 215K and a median price per square foot (PSF) of RM 235.

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 215K, with most transactions falling within a stable range of RM 200K to RM 268K, and a typical market range of RM 200K to RM 245K.

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

Price per square foot shows a median of RM 235, though individual units vary from RM 180 to RM 290 in the core range. The broader market spans RM 214.50 to RM 255.50, indicating diverse property characteristics. The spread of RM 41.00 (IQR) and deviation of RM 55 (MAD) suggest moderate price variations reflecting different property features.

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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SRI RELAU COMPLEX, Timur Laut, Penang

OSM

Track location

Transactions

3 transactions found

RM 320,000
Level 2
936 sqft RM 342.00 PSF
RM 200,000
Level 4
915 sqft RM 219.00 PSF
RM 215,000
Level 4
915 sqft RM 235.00 PSF

No Properties For Sale

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

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