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 10
|
RM 168,000
|
RM 332
|
506 sqft
|
|
|
|
Level 8
|
RM 180,000
|
RM 356
|
506 sqft
|
|
|
|
Level 6
|
RM 190,000
|
RM 376
|
506 sqft
|
|
|
Level 3
|
RM 380,000
|
RM 543
|
700 sqft
|
|
|
|
Level 16
|
RM 330,000
|
RM 472
|
700 sqft
|
|
|
|
Level 8
|
RM 285,000
|
RM 407
|
700 sqft
|
|
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Market Snapshot
ResidentialRM 237,500
RM 391 psfMedian transaction price
Hilir Paya Terubong, Relau, Bayan Lepas, Penang, Malaysia
MapsVilla Kejora in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 238K and a median price per square foot (PSF) of RM 391.
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 238K, with most transactions falling within a stable range of RM 168K to RM 319K, and a typical market range of RM 186K to RM 289K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 391, with core pricing between RM 319 and RM 464. Market pricing typically extends from RM 328.24 to RM 454.49, reflecting moderate variation in unit pricing. The spread of RM 126.25 (IQR) and deviation of RM 73 (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.