Taman Relau Jaya
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 185,000
|
RM 337
|
549 sqft
|
|
|
|
Level 5
|
RM 160,000
|
RM 291
|
549 sqft
|
|
|
|
Level 13
|
RM 165,000
|
RM 301
|
549 sqft
|
|
|
|
Level 9
|
RM 190,000
|
RM 346
|
549 sqft
|
|
|
|
Level 12
|
RM 150,000
|
RM 273
|
549 sqft
|
|
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Market Snapshot
ResidentialRM 165,000
RM 301 psfMedian transaction price
Taman Relau Jaya, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Relau Jaya in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 165K and a median price per square foot (PSF) of RM 301.
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 165K, with most transactions falling within a stable range of RM 150K to RM 180K, and a typical market range of RM 150K to RM 181K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 301, with most transactions between RM 273 and RM 328. The usual range is RM 272.45 to RM 328.70, showing that most units are priced quite close to each other. With an IQR of RM 56.25 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.