TAMAN DESA RELAU II

Area Intelligence
2021
Median Price
RM 290,000
PSF: RM 385

Residential PSF Trends

Median Price

RM 290,000

PSF: RM 385

TAMAN DESA RELAU II in Timur Laut, Penang recorded 15 subsale transactions in 2021, with a median price of RM 290K and a median price per square foot (PSF) of RM 385.

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 290K, with most transactions falling within a stable range of RM 271K to RM 300K, and a typical market range of RM 260K to RM 300K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 385, with most transactions between RM 360 and RM 410. The usual range is RM 345.00 to RM 425.00, showing that most units are priced quite close to each other. With an IQR of RM 80.00 and MAD of RM 25, 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.

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TAMAN DESA RELAU II, Timur Laut, Penang

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Transactions

9 transactions found

RM 245,000
Level 12
753 sqft RM 325.00 PSF
RM 245,000
Level 13
753 sqft RM 325.00 PSF
RM 260,000
Level 7
753 sqft RM 345.00 PSF
RM 300,000
Level 3
753 sqft RM 398.00 PSF
RM 255,000
Level 10
753 sqft RM 338.00 PSF
RM 290,000
Level 8
753 sqft RM 385.00 PSF
RM 250,000
Level 9
753 sqft RM 332.00 PSF
RM 250,000
Level 16
753 sqft RM 332.00 PSF
RM 270,000
Level 7
753 sqft RM 358.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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