TAMAN RELAU JAYA

Area Intelligence
2024
Median Price
RM 183,500
PSF: RM 338

Residential PSF Trends

Median Price

RM 183,500

PSF: RM 338

Commercial PSF Trends

Median Price

RM 2,000,000

RM 1,429 PSF

TAMAN RELAU JAYA in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 184K and a median price per square foot (PSF) of RM 338.

This area contains both residential and commercial properties. View 15 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 184K, with most transactions falling within a stable range of RM 172K to RM 195K, and a typical market range of RM 171K to RM 196K.

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

For price per square foot, the median is RM 338, with most transactions between RM 317 and RM 358. The usual range is RM 314.50 to RM 360.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN RELAU JAYA, Timur Laut, Penang

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Transactions

4 transactions grouped by size

550 sqft
Flat
RM 170,000
Level 7
549 sqft · RM 310 PSF
RM 190,000
Level 11
549 sqft · RM 346 PSF
RM 177,000
Level 11
538 sqft · RM 329 PSF
RM 200,000
Level 16
549 sqft · RM 364 PSF

No Properties For Sale

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

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