Area Intelligence

SRI RELAU COMPLEX

8 properties
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Median Price
RM 236,500
PSF: RM 242

Commercial Market

Median Price

RM 236,500

IQR: RM 41
MAD: RM 21
RM 242 PSF 6.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SRI RELAU COMPLEX in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 237K and a median price per square foot (PSF) of RM 242.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 237K, with most transactions falling within a stable range of RM 208K to RM 266K, and a typical market range of RM 207K to RM 266K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM 242, with most transactions between RM 222 and RM 263. The usual range is RM 221.50 to RM 262.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.

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.

Area Location

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SRI RELAU COMPLEX, Timur Laut, Penang

OSM

Filter by type, year, price, and size

Transactions

8 properties grouped by size

900 sqft
5 units Shop/Retail Lot
RM 200,000
915 sqft · RM 219.00 PSF
Apr 2024
RM 215,000
915 sqft · RM 235.00 PSF
Mar 2024
RM 235,000
915 sqft · RM 257.00 PSF
Nov 2022
RM 228,000
915 sqft · RM 249.00 PSF
May 2022
RM 238,000
915 sqft · RM 260.00 PSF
Jan 2022
950 sqft
1 units Shop/Retail Lot
RM 320,000
936 sqft · RM 342.00 PSF
Jul 2024
1,350 sqft
1 units Shop/Retail Lot
RM 280,000
1,335 sqft · RM 210.00 PSF
Jun 2023
1,850 sqft
1 units Office Lot
RM 295,000
1,841 sqft · RM 160.00 PSF
Mar 2024