Taman Seri Relau
Taman Sri Relau, Bayan Lepas, Pulau Pinang, Malaysia
Taman Sri Relau, Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lengkok Relau 1
|
RM 1,400,000
|
RM 387
|
3,617 sqft
|
|
|
Lengkok Relau 1
|
RM 3,500,000
|
RM 286
|
12,217 sqft
|
|
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Taman Sri Relau, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Seri Relau in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 2.45 million and a median price per square foot (PSF) of RM 387.
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 2.45 million, with most transactions falling within a stable range of RM 1.40 million to RM 3.50 million, and a typical market range of RM 1.93 million to RM 2.98 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 387, with core pricing between RM 337 and RM 438. Market pricing typically extends from RM 361.85 to RM 412.35, reflecting moderate variation in unit pricing. With an IQR of RM 50.50 and MAD of RM 51, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.