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 |
|---|
|
Level 8
|
RM 352,000
|
RM 495
|
710 sqft
|
|
|
|
Level 12
|
RM 360,000
|
RM 507
|
710 sqft
|
|
|
|
Level 23
|
RM 370,000
|
RM 521
|
710 sqft
|
|
|
|
Level 17
|
RM 335,000
|
RM 472
|
710 sqft
|
|
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Market Snapshot
ResidentialRM 356,000
RM 501 psfMedian transaction price
Relau Vista Apartment, Taman Desa Relau, Bayan Lepas, Pulau Pinang, Malaysia
MapsRelau Vista Apartment in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 356K and a median price per square foot (PSF) of RM 501.
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 356K, with most transactions falling within a stable range of RM 343K to RM 369K, and a typical market range of RM 340K to RM 370K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 501, with most transactions between RM 483 and RM 519. The usual range is RM 478.24 to RM 523.99, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.75 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.
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.