SRI RELAU COMPLEX in Timur Laut, Penang recorded 0 6-Storey Shop properties subsale transactions between 2021 and 2025 for 6-storey shop properties, with a median price of RM 237K and a median price per square foot (PSF) of RM 242.
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 237K, with most transactions falling within a stable range of RM 208K to RM 266K, and a typical market range of RM 207K to RM 266K.
Within the 6-Storey Shop category, shop unit/retail lot dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 242, with most transactions between RM 222 and RM 263. The usual range is RM 221.50 to RM 262.50, 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.
