SRI RELAU COMPLEX

Area Intelligence
2024
Median Price
RM 295,000
PSF: RM 160

Commercial PSF Trends

Median Price

RM 295,000

RM 160 PSF

SRI RELAU COMPLEX in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 295K and a median price per square foot (PSF) of RM 160.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 160, with most transactions between RM 160 and RM 160. The usual range is RM 139.50 to RM 180.50, 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 0 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

1 transactions grouped by size

1,850 sqft
Office Lot
RM 295,000
Level 4
1,841 sqft · RM 160 PSF

No Properties For Sale

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

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