Area Intelligence

TAMAN SRI RELAU

12 properties
2023
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Median Price
RM 220,000
PSF: RM 320

Residential Market

Median Price

RM 220,000

IQR: RM 85
MAD: RM 40
RM 320 PSF 4.9%

PSF Trends (2021-2025)

TAMAN SRI RELAU in Timur Laut, Penang recorded 12 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 320.

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 220K, with most transactions falling within a stable range of RM 192K to RM 248K, and a typical market range of RM 191K to RM 249K.

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

The median PSF stands at RM 320, with core pricing between RM 279 and RM 360. Market pricing typically extends from RM 276.88 to RM 362.13, reflecting moderate variation in unit pricing. With an IQR of RM 85.25 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.

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 SRI RELAU, Timur Laut, Penang

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Transactions

12 properties found

Flat
RM 230,000
689 sqft Dec 2023
RM 334.00 PSF
Flat
RM 180,000
689 sqft Dec 2023
RM 261.00 PSF
Flat
RM 163,000
689 sqft Nov 2023
RM 237.00 PSF
Flat
RM 250,000
689 sqft Aug 2023
RM 363.00 PSF
Flat
RM 240,000
689 sqft Aug 2023
RM 348.00 PSF
Flat
RM 250,000
689 sqft May 2023
RM 363.00 PSF
Flat
RM 210,000
689 sqft May 2023
RM 305.00 PSF
Flat
RM 250,000
689 sqft May 2023
RM 363.00 PSF
Flat
RM 204,000
689 sqft Apr 2023
RM 296.00 PSF
Flat
RM 235,000
689 sqft Mar 2023
RM 341.00 PSF
Flat
RM 200,000
689 sqft Feb 2023
RM 290.00 PSF
Flat
RM 200,000
689 sqft Jan 2023
RM 290.00 PSF