Penang
Timur Laut
13
TAMAN DESA RELAU

TAMAN DESA RELAU

Area Intelligence

2021

Median Price

RM 375,000

PSF: RM 536

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Residential PSF Trends

Median Price

RM 375,000

PSF: RM 536

TAMAN DESA RELAU in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 375K and a median price per square foot (PSF) of RM 536.

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 375K, with most transactions falling within a stable range of RM 297K to RM 450K, and a typical market range of RM 345K to RM 405K.

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

Price per square foot shows a median of RM 536, though individual units vary from RM 425 to RM 647 in the core range. The broader market spans RM 493.00 to RM 579.00, indicating diverse property characteristics. The spread of RM 86.00 (IQR) and deviation of RM 111 (MAD) suggest moderate price variations reflecting different property features.

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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