TAMAN DESA RELAU II

Area Intelligence
2022
Median Price
RM 270,000
PSF: RM 358

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 358

TAMAN DESA RELAU II in Timur Laut, Penang recorded 29 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 358.

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 270K, with most transactions falling within a stable range of RM 238K to RM 302K, and a typical market range of RM 240K to RM 300K.

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

The median PSF stands at RM 358, with core pricing between RM 316 and RM 400. Market pricing typically extends from RM 318.00 to RM 398.00, reflecting moderate variation in unit pricing. With an IQR of RM 80.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN DESA RELAU II, Timur Laut, Penang

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Transactions

29 transactions grouped by size

750 sqft
Flat
RM 319,000
Level 19
753 sqft · RM 423 PSF
RM 280,000
Level 10
753 sqft · RM 372 PSF
RM 340,000
Level 4
753 sqft · RM 451 PSF
RM 290,000
Level 12
753 sqft · RM 385 PSF
RM 310,000
Level 5
753 sqft · RM 411 PSF
RM 248,000
Level 5
753 sqft · RM 329 PSF

No Properties For Sale

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

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