Relau Vista Apartment
Taman Desa Relau, Bayan Lepas, Pulau Pinang, Malaysia
Taman Desa Relau, Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 26
|
RM 338,000
|
RM 476
|
710 sqft
|
|
Flat |
|
Level 29
|
RM 285,000
|
RM 401
|
710 sqft
|
|
Flat |
|
Level 3
|
RM 360,000
|
RM 507
|
710 sqft
|
|
Flat |
|
Level 29
|
RM 280,000
|
RM 394
|
710 sqft
|
|
Flat |
|
Level 27
|
RM 280,000
|
RM 394
|
710 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 285,000
RM 401 psfMedian transaction price
Relau Vista Apartment, Taman Desa Relau, Bayan Lepas, Pulau Pinang, Malaysia
MapsRelau Vista Apartment in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 285K and a median price per square foot (PSF) of RM 401.
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 285K, with most transactions falling within a stable range of RM 280K to RM 319K, and a typical market range of RM 280K to RM 301K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 401, with core pricing between RM 354 and RM 449. Market pricing typically extends from RM 378.30 to RM 424.05, reflecting moderate variation in unit pricing. With an IQR of RM 45.75 and MAD of RM 48, 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.