Villa Kejora
Hilir Paya Terubong, Relau, Bayan Lepas, Penang, Malaysia
Hilir Paya Terubong, Relau, Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 185,000
|
RM 366
|
506 sqft
|
|
|
|
Level 10
|
RM 135,000
|
RM 267
|
506 sqft
|
|
|
Level 16
|
RM 210,000
|
RM 300
|
700 sqft
|
|
|
|
Level 16
|
RM 340,000
|
RM 486
|
700 sqft
|
|
|
|
Level 8
|
RM 350,000
|
RM 500
|
700 sqft
|
|
|
|
Level 12
|
RM 310,000
|
RM 443
|
700 sqft
|
|
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Market Snapshot
ResidentialRM 260,000
RM 404 psfMedian transaction price
Hilir Paya Terubong, Relau, Bayan Lepas, Penang, Malaysia
MapsVilla Kejora in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 404.
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 260K, with most transactions falling within a stable range of RM 178K to RM 342K, and a typical market range of RM 208K to RM 312K.
Most transactions involved flats, though some variety exists in the market.
Price per square foot shows a median of RM 404, though individual units vary from RM 315 to RM 494 in the core range. The broader market spans RM 341.16 to RM 467.41, indicating diverse property characteristics. The spread of RM 126.25 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.
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.