TAMAN SRI RELAU

TAMAN SRI RELAU in Timur Laut, Penang recorded 12 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 320.

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 220K, with most transactions falling within a stable range of RM 192K to RM 248K, and a typical market range of RM 190K to RM 250K.

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

The median PSF stands at RM 320, with core pricing between RM 279 and RM 360. Market pricing typically extends from RM 276.00 to RM 363.00, reflecting moderate variation in unit pricing. With an IQR of RM 87.00 and MAD of RM 41, 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.