Penang
Timur Laut
13
TAMAN DESA RELAU

TAMAN DESA RELAU

Area Intelligence

2023

Median Price

RM 290,000

PSF: RM 414

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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 414

TAMAN DESA RELAU in Timur Laut, Penang recorded 17 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 414.

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 290K, with most transactions falling within a stable range of RM 269K to RM 300K, and a typical market range of RM 260K to RM 300K.

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

For price per square foot, the median is RM 414, with most transactions between RM 384 and RM 444. The usual range is RM 371.00 to RM 457.00, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 30, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DESA RELAU, Timur Laut, Penang

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Transactions

11 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 298,000

Level 4

700 sqft · RM 426 PSF

Sep 2023

RM 290,000

Level 11

700 sqft · RM 414 PSF

Sep 2023

RM 290,000

Level 3

700 sqft · RM 414 PSF

Jul 2023

RM 265,000

Level 4

700 sqft · RM 379 PSF

Jun 2023

RM 250,000

Level 5

700 sqft · RM 357 PSF

May 2023

RM 280,000

Level 5

700 sqft · RM 400 PSF

May 2023

Level 4	RM 298,000	RM 426	700 sqft	Sep 2023
Level 11	RM 290,000	RM 414	700 sqft	Sep 2023
Level 3	RM 290,000	RM 414	700 sqft	Jul 2023
Level 4	RM 265,000	RM 379	700 sqft	Jun 2023
Level 5	RM 250,000	RM 357	700 sqft	May 2023
Level 5	RM 280,000	RM 400	700 sqft	May 2023