Taman Desa Relau

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

19 subsales grouped by size

Median
RM 300,000
PSF
RM 429
Price Size
700 sqft
Flat
RM 250,000
Level 2
700 sqft · RM 357 PSF
RM 280,000
Level 1
700 sqft · RM 400 PSF
RM 390,000
Level G
700 sqft · RM 557 PSF
RM 318,000
Level 1
700 sqft · RM 455 PSF
RM 280,000
Level 5
700 sqft · RM 400 PSF
RM 290,000
Level 2
700 sqft · RM 414 PSF
+13 more
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 300,000

RM 429 psf

Median transaction price

Taman Desa Relau
© OpenStreetMap · CARTO

Taman Desa Relau, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Taman Desa Relau in Timur Laut, Penang recorded 19 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 429.

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 300K, with most transactions falling within a stable range of RM 264K to RM 336K, and a typical market range of RM 270K to RM 330K.

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

The median PSF stands at RM 429, with core pricing between RM 377 and RM 480. Market pricing typically extends from RM 385.79 to RM 471.79, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 52, 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.