Taman Sri Relau
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 5
|
RM 250,000
|
RM 363
|
689 sqft
|
|
Flat |
|
Level 5
|
RM 280,000
|
RM 406
|
689 sqft
|
|
Flat |
|
Level 3
|
RM 195,000
|
RM 283
|
689 sqft
|
|
Flat |
|
Level 7
|
RM 185,000
|
RM 269
|
689 sqft
|
|
Flat |
|
Level 6
|
RM 200,000
|
RM 290
|
689 sqft
|
|
Flat |
|
Level 6
|
RM 230,000
|
RM 334
|
689 sqft
|
|
Flat |
|
Level 6
|
RM 180,000
|
RM 261
|
689 sqft
|
|
Flat |
|
Level 8
|
RM 250,000
|
RM 363
|
689 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 215,000
RM 312 psfMedian transaction price
Taman Sri Relau, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Sri Relau in Timur Laut, Penang recorded 8 subsale transactions in 2024, with a median price of RM 215K and a median price per square foot (PSF) of RM 312.
This area contains both residential and commercial properties. View 43 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 215K, with most transactions falling within a stable range of RM 181K to RM 249K, and a typical market range of RM 185K to RM 245K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 312, with core pricing between RM 263 and RM 362. Market pricing typically extends from RM 268.60 to RM 355.60, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.