Area Intelligence

TAMAN DESA RELAU

52 properties
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Median Price
RM 308,000
PSF: RM 440

Residential Market

Median Price

RM 308,000

IQR: RM 86
MAD: RM 43
RM 440 PSF 0.4%

PSF Trends (2021-2025)

TAMAN DESA RELAU in Timur Laut, Penang recorded 52 subsale transactions between 2021 and 2025, with a median price of RM 308K and a median price per square foot (PSF) of RM 440.

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 308K, with most transactions falling within a stable range of RM 257K to RM 359K, and a typical market range of RM 278K to RM 338K.

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

The median PSF stands at RM 440, with core pricing between RM 366 and RM 514. Market pricing typically extends from RM 397.00 to RM 483.00, reflecting moderate variation in unit pricing. The spread of RM 86.00 (IQR) and deviation of RM 74 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TAMAN DESA RELAU, Timur Laut, Penang

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Transactions

52 properties grouped by size

700 sqft
52 units (showing 6) Flat
RM 250,000
700 sqft · RM 357.00 PSF
Jan 2025
RM 331,000
700 sqft · RM 473.00 PSF
Jan 2025
RM 280,000
700 sqft · RM 400.00 PSF
Jan 2025
RM 420,000
700 sqft · RM 600.00 PSF
Jan 2025
RM 380,000
700 sqft · RM 543.00 PSF
Dec 2024
RM 420,000
700 sqft · RM 600.00 PSF
Oct 2024