Area Intelligence

TAMAN RELAU JAYA

1 properties
3-Storey Storey Shop
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Median Price
RM 2,000,000
PSF: RM 1,429

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 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 2.00 million and a median price per square foot (PSF) of RM 1,429.

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.

Within the 3-Storey Storey Shop category, flats dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 1,429, with most transactions between RM 1,429 and RM 1,429. The usual range is RM 1,405.50 to RM 1,452.50, 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 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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TAMAN RELAU JAYA, Timur Laut, Penang

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Transactions

1 properties grouped by size

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