TAMAN RELAU JAYA Property Investment Analysis
TAMAN RELAU JAYA in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 329.
This area contains both residential and commercial properties. View 14 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 165K to RM 195K, and a typical market range of RM 167K to RM 193K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 329, with most transactions between RM 301 and RM 357. The usual range is RM 305.50 to RM 352.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 170,000
|
RM 310.00
|
549 sqft
|
Nov 2024
|
Flat |
|
RM 190,000
|
RM 346.00
|
549 sqft
|
Aug 2024
|
Flat |
|
RM 177,000
|
RM 329.00
|
538 sqft
|
Jul 2024
|
Flat |
|
RM 200,000
|
RM 364.00
|
549 sqft
|
Jun 2024
|
Flat |
|
RM 180,000
|
RM 328.00
|
549 sqft
|
Oct 2023
|
3 - 3 1/2 Storey Shop |
JALAN RELAU
|
RM 2,000,000
|
RM 1,429.00
|
1,399 sqft
|
May 2023
|
Flat |
|
RM 200,000
|
RM 364.00
|
549 sqft
|
May 2023
|
Flat |
|
RM 163,000
|
RM 297.00
|
549 sqft
|
Jan 2023
|
Flat |
|
RM 185,000
|
RM 337.00
|
549 sqft
|
Dec 2022
|
Flat |
|
RM 160,000
|
RM 291.00
|
549 sqft
|
Nov 2022
|
Flat |
|
RM 165,000
|
RM 301.00
|
549 sqft
|
Aug 2022
|
Flat |
|
RM 190,000
|
RM 346.00
|
549 sqft
|
Apr 2022
|
Flat |
|
RM 150,000
|
RM 273.00
|
549 sqft
|
Feb 2022
|
Flat |
|
RM 190,000
|
RM 346.00
|
549 sqft
|
Dec 2021
|
Flat |
|
RM 130,000
|
RM 237.00
|
549 sqft
|
Dec 2021
|