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 257K to RM 323K, and a typical market range of RM 260K to RM 320K.

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

The median PSF stands at RM 414, with core pricing between RM 367 and RM 461. Market pricing typically extends from RM 371.00 to RM 457.00, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 47, 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

17 transactions grouped by size

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

Clear

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

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 340,000

Level 16

700 sqft · RM 486 PSF

Oct 2023

RM 290,000

Level 11

700 sqft · RM 414 PSF

Sep 2023

RM 298,000

Level 4

700 sqft · RM 426 PSF

Sep 2023

RM 320,000

Level 4

700 sqft · RM 457 PSF

Aug 2023

RM 340,000

Level 15

700 sqft · RM 486 PSF

Jul 2023

RM 325,000

Level 3

700 sqft · RM 465 PSF

Jul 2023

Level 16	RM 340,000	RM 486	700 sqft	Oct 2023
Level 11	RM 290,000	RM 414	700 sqft	Sep 2023
Level 4	RM 298,000	RM 426	700 sqft	Sep 2023
Level 4	RM 320,000	RM 457	700 sqft	Aug 2023
Level 15	RM 340,000	RM 486	700 sqft	Jul 2023
Level 3	RM 325,000	RM 465	700 sqft	Jul 2023