TAMAN RELAU JAYA

TAMAN RELAU JAYA in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 184K and a median price per square foot (PSF) of RM 338.

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 184K, with most transactions falling within a stable range of RM 172K to RM 195K, and a typical market range of RM 171K to RM 197K.

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

For price per square foot, the median is RM 338, with most transactions between RM 317 and RM 358. The usual range is RM 314.00 to RM 361.00, 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 20 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.