Area Intelligence

SRI RELAU COMPLEX

1 properties
Office Lot
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Median Price
RM 295,000
PSF: RM 160

Commercial Market

Median Price

RM 295,000

IQR: RM 41
MAD: RM 21
RM 160 PSF 6.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SRI RELAU COMPLEX in Timur Laut, Penang recorded 1 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 295K and a median price per square foot (PSF) of RM 160.

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

Price remained flat, and PSF growth was PSF remained flat.

Within the Office Lot category, shop unit/retail lot dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 160, with most transactions between RM 160 and RM 160. The usual range is RM 139.50 to RM 180.50, 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 0 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

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Transactions

1 properties grouped by size

1,850 sqft
1 units Office Lot
RM 295,000
1,841 sqft · RM 160.00 PSF
Mar 2024