SRI RELAU COMPLEX Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 236,500
CAGR
+4.2%
Median PSF
RM 242.00
CAGR
-6.0%
Transactions
8
Period
2022-2024

SRI RELAU COMPLEX in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 237K and a median price per square foot (PSF) of RM 242.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 237K, with most transactions falling within a stable range of RM 208K to RM 266K, and a typical market range of RM 207K to RM 266K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM 242, with most transactions between RM 222 and RM 263. The usual range is RM 221.50 to RM 262.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 21 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.

ADVANCED FILTERS

TRANSACTIONS

8 found
Shop Unit/Retail Lot
RM 320,000
PSF: RM 342.00
Area: 936 sqft
Date: Jul 2024
Shop Unit/Retail Lot
RM 200,000
PSF: RM 219.00
Area: 915 sqft
Date: Apr 2024
Office Lot
RM 295,000
PSF: RM 160.00
Area: 1,841 sqft
Date: Mar 2024
Shop Unit/Retail Lot
RM 215,000
PSF: RM 235.00
Area: 915 sqft
Date: Mar 2024
Shop Unit/Retail Lot
RM 280,000
PSF: RM 210.00
Area: 1,335 sqft
Date: Jun 2023
Shop Unit/Retail Lot
RM 235,000
PSF: RM 257.00
Area: 915 sqft
Date: Nov 2022
Shop Unit/Retail Lot
RM 228,000
PSF: RM 249.00
Area: 915 sqft
Date: May 2022
Shop Unit/Retail Lot
RM 238,000
PSF: RM 260.00
Area: 915 sqft
Date: Jan 2022