SRI RELAU (MARINA TOWER)

Area Intelligence
2024
Median Price
RM 310,000
PSF: RM 436

Residential PSF Trends

Median Price

RM 310,000

PSF: RM 436

SRI RELAU (MARINA TOWER) in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 310K and a median price per square foot (PSF) of RM 436.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 310K, with most transactions falling within a stable range of RM 294K to RM 326K, and a typical market range of RM 295K to RM 325K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 436, with most transactions between RM 413 and RM 459. The usual range is RM 414.50 to RM 457.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.00 and an average deviation (MAD) of RM 23 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 (MARINA TOWER), Timur Laut, Penang

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Transactions

3 transactions found

RM 290,000
Level 5
710 sqft RM 408.00 PSF
RM 330,000
Level 6
710 sqft RM 465.00 PSF
RM 310,000
Level 3
710 sqft RM 436.00 PSF

No Properties For Sale

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

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