SRI RELAU COMPLEX

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 186K to RM 244K, and a typical market range of RM 186K to RM 245K.

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

For price per square foot, the median is RM 235, with most transactions between RM 215 and RM 256. The usual range is RM 214.50 to RM 255.50, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.