Taman Relau Jaya
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 190,000
|
RM 346
|
549 sqft
|
|
|
|
Level 10
|
RM 130,000
|
RM 237
|
549 sqft
|
|
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Market Snapshot
ResidentialRM 160,000
RM 291 psfMedian transaction price
Taman Relau Jaya, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Relau Jaya in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 160K and a median price per square foot (PSF) of RM 291.
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 160K, with most transactions falling within a stable range of RM 130K to RM 190K, and a typical market range of RM 144K to RM 176K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 291, with core pricing between RM 237 and RM 346. Market pricing typically extends from RM 263.34 to RM 319.59, reflecting moderate variation in unit pricing. The spread of RM 56.25 (IQR) and deviation of RM 55 (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.