Area Intelligence

TAMAN RELAU JAYA

15 properties
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Median Price
RM 180,000
PSF: RM 329

Residential Market

Median Price

RM 178,500

IQR: RM 48
MAD: RM 23
RM 329 PSF 5.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,000,000

RM 1,429 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN RELAU JAYA in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 329.

This area contains both residential and commercial properties. View 14 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 165K to RM 195K, and a typical market range of RM 167K to RM 193K.

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

For price per square foot, the median is RM 329, with most transactions between RM 301 and RM 357. The usual range is RM 305.50 to RM 352.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN RELAU JAYA, Timur Laut, Penang

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Transactions

15 properties grouped by size

550 sqft
14 units (showing 6) Flat
RM 170,000
549 sqft · RM 310.00 PSF
Nov 2024
RM 190,000
549 sqft · RM 346.00 PSF
Aug 2024
RM 177,000
538 sqft · RM 329.00 PSF
Jul 2024
RM 200,000
549 sqft · RM 364.00 PSF
Jun 2024
RM 180,000
549 sqft · RM 328.00 PSF
Oct 2023
RM 200,000
549 sqft · RM 364.00 PSF
May 2023
1,400 sqft
1 units 3-Storey Storey Shop
RM 2,000,000
JALAN RELAU
1,399 sqft · RM 1,429.00 PSF
May 2023