TAMAN DESA RELAU

TAMAN DESA RELAU in Timur Laut, Penang recorded 19 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 429.

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 300K, with most transactions falling within a stable range of RM 264K to RM 336K, and a typical market range of RM 270K to RM 330K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 429, with core pricing between RM 377 and RM 481. Market pricing typically extends from RM 386.00 to RM 472.00, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 52, the PSF demonstrates reasonable consistency across the market.

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.