Penang
Timur Laut
13
TAMAN DESA RELAU II

TAMAN DESA RELAU II

Area Intelligence

2021

Median Price

RM 290,000

PSF: RM 385

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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 258K to RM 322K, and a typical market range of RM 260K to RM 320K.

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

The median PSF stands at RM 385, with core pricing between RM 343 and RM 427. Market pricing typically extends from RM 345.00 to RM 425.00, reflecting moderate variation in unit pricing. With an IQR of RM 80.00 and MAD of RM 42, 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

15 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

750 sqft

Flat

750 sqft

Flat

RM 340,000

Level 3

753 sqft · RM 451 PSF

Dec 2021

RM 245,000

Level 12

753 sqft · RM 325 PSF

Dec 2021

RM 245,000

Level 13

753 sqft · RM 325 PSF

Dec 2021

RM 315,000

Level 4

753 sqft · RM 418 PSF

Nov 2021

RM 260,000

Level 7

753 sqft · RM 345 PSF

Nov 2021

RM 300,000

Level 3

753 sqft · RM 398 PSF

Oct 2021

Level 3	RM 340,000	RM 451	753 sqft	Dec 2021
Level 12	RM 245,000	RM 325	753 sqft	Dec 2021
Level 13	RM 245,000	RM 325	753 sqft	Dec 2021
Level 4	RM 315,000	RM 418	753 sqft	Nov 2021
Level 7	RM 260,000	RM 345	753 sqft	Nov 2021
Level 3	RM 300,000	RM 398	753 sqft	Oct 2021