Penang
Timur Laut
13
TAMAN SRI RELAU

TAMAN SRI RELAU

Area Intelligence

2021

Median Price

RM 250,000

PSF: RM 363

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 363

TAMAN SRI RELAU in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 363.

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 250K, with most transactions falling within a stable range of RM 235K to RM 252K, and a typical market range of RM 220K to RM 252K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 363, with most transactions between RM 342 and RM 384. The usual range is RM 319.50 to RM 406.50, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI RELAU, Timur Laut, Penang

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