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 23
|
RM 390,000
|
RM 549
|
710 sqft
|
|
|
|
Level 10
|
RM 315,000
|
RM 443
|
710 sqft
|
|
|
|
Level 28
|
RM 305,000
|
RM 429
|
710 sqft
|
|
|
|
Level 20
|
RM 325,000
|
RM 457
|
710 sqft
|
|
|
|
Level 30
|
RM 313,000
|
RM 441
|
710 sqft
|
|
|
|
Level 7
|
RM 357,000
|
RM 503
|
710 sqft
|
|
|
|
Level 21
|
RM 342,000
|
RM 481
|
710 sqft
|
|
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Market Snapshot
ResidentialRM 325,000
RM 457 psfMedian transaction price
Relau Vista Apartment, Taman Desa Relau, Bayan Lepas, Pulau Pinang, Malaysia
MapsRelau Vista Apartment in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 457.
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 325K, with most transactions falling within a stable range of RM 305K to RM 353K, and a typical market range of RM 309K to RM 341K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 457, with most transactions between RM 418 and RM 497. The usual range is RM 434.61 to RM 480.36, 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 39 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.