Taman Relau Jaya
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 15
|
RM 180,000
|
RM 328
|
549 sqft
|
|
Flat |
|
Jalan Relau
|
RM 2,000,000
|
RM 502
|
3,983 sqft
|
|
3-Sty Shop |
|
Level 10
|
RM 200,000
|
RM 364
|
549 sqft
|
|
Flat |
|
Level 4
|
RM 163,000
|
RM 297
|
549 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 180,000
RM 328 psfMedian transaction price
Taman Relau Jaya, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Relau Jaya in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 346.
This area contains both residential and commercial properties. View 17 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 190K, with most transactions falling within a stable range of RM 163K to RM 978K, and a typical market range of RM 174K to RM 206K.
Most transactions involved flats, with minimal variety in property types.
Price per square foot shows a median of RM 346, though individual units vary from RM 268 to RM 425 in the core range. The broader market spans RM 317.99 to RM 374.24, indicating diverse property characteristics. The spread of RM 56.25 (IQR) and deviation of RM 78 (MAD) suggest moderate price variations reflecting different property features.
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.