TAMAN RELAU JAYA

TAMAN RELAU JAYA in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 346.

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 190K, with most transactions falling within a stable range of RM 163K to RM 978K, and a typical market range of RM 177K to RM 203K.

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

Price per square foot shows a median of RM 346, though individual units vary from RM 0 to RM 823 in the core range. The broader market spans RM 322.50 to RM 369.50, indicating diverse property characteristics. A wider spread (IQR: RM 47.00) and deviation (MAD: RM 477) indicate significant PSF variations, likely due to diverse property types or conditions.

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.