Taman Seri Relau

Taman Sri Relau, Bayan Lepas, Pulau Pinang, Malaysia

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Taman Seri Relau
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Taman Sri Relau, Bayan Lepas, Pulau Pinang, Malaysia

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Taman Seri Relau in Barat Daya, Penang recorded 0 subsale transactions in 2021, with a median price of RM1.41 million and a median price per square foot (PSF) of RM428.

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 RM1.41 million, with most transactions falling within a stable range of RM1.10 million to RM1.71 million, and a typical market range of RM1.10 million to RM1.72 million.

Most transactions involved detached, with moderate diversity in property types available.

The median PSF stands at RM428, with core pricing between RM375 and RM481. Market pricing typically extends from RM390.13 to RM465.88, reflecting moderate variation in unit pricing. With an IQR of RM75.75 and MAD of RM53, the PSF demonstrates reasonable consistency across the market.

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.