SRI RELAU COMPLEX
Commercial Market
Median Price
RM 280,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
7 properties
Median Price
RM 235,000
-4.3% CAGR
Median PSF
RM 235.00
-4.4% CAGR
Office Lot
1 properties
Median Price
RM 295,000
Median PSF
RM 160.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Shop/Retail Lot | 7 |
RM 235,000
±20K MAD
|
-4.35% |
RM 235.00
±22 MAD
|
-4.38% | |
| Office Lot | 1 |
RM 295,000
|
- |
RM 160.00
|
- |
SRI RELAU COMPLEX in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 210.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
For price per square foot, the median is RM 210, with most transactions between RM 210 and RM 210. The usual range is RM 189.50 to RM 230.50, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 280,000
|
RM 210.00
|
1,335 sqft
|
Jun 2023
|