TAMAN SRI RELAU

TAMAN SRI RELAU in Timur Laut, Penang recorded 8 subsale transactions in 2024, with a median price of RM 215K and a median price per square foot (PSF) of RM 312.

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 215K, with most transactions falling within a stable range of RM 181K to RM 249K, and a typical market range of RM 186K to RM 244K.

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

The median PSF stands at RM 312, with core pricing between RM 262 and RM 362. Market pricing typically extends from RM 269.38 to RM 354.63, reflecting moderate variation in unit pricing. The spread of RM 85.25 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

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.