SRI RELAU COMPLEX in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 232K and a median price per square foot (PSF) of RM 253.
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 232K, with most transactions falling within a stable range of RM 200K to RM 270K, and a typical market range of RM 202K to RM 261K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
The median PSF stands at RM 253, with core pricing between RM 214 and RM 292. Market pricing typically extends from RM 232.50 to RM 273.50, reflecting moderate variation in unit pricing. The spread of RM 41.00 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.