Raffel Tower

62a, Lorong Permai 7, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

24 subsales grouped by size

Median
RM1,035,000
PSF
RM821
Period
transactions middle 50% (P25–P75)
450 sqft
Condo
RM440,000
Level 6
441 sqft · RM997 PSF
RM460,000
Level 8
438 sqft · RM1,050 PSF
RM425,000
Level 8
438 sqft · RM970 PSF
600 sqft
Condo
RM600,000
Level 11
619 sqft · RM969 PSF
RM600,000
Level 11
624 sqft · RM961 PSF
RM620,000
Level 11
600 sqft · RM1,033 PSF
RM550,000
Level 10
600 sqft · RM917 PSF
RM550,000
Level 10
603 sqft · RM912 PSF
1,400 sqft
Condo
RM860,000
Level 23
1,399 sqft · RM615 PSF
RM1,040,000
Level 13
1,399 sqft · RM743 PSF
RM1,040,000
Level 13
1,400 sqft · RM743 PSF
RM955,000
Level 21
1,400 sqft · RM682 PSF
RM1,150,000
Level 16
1,400 sqft · RM821 PSF
1,600 sqft
Condo
RM1,200,000
Level 15
1,604 sqft · RM748 PSF
RM1,195,000
Level 15
1,604 sqft · RM745 PSF
RM1,503,000
Level 17
1,604 sqft · RM937 PSF
RM1,030,000
Level 12
1,604 sqft · RM642 PSF
RM1,235,000
Level 27
1,604 sqft · RM770 PSF
RM1,350,000
Level 15
1,604 sqft · RM842 PSF
+5 more
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Market Snapshot

Residential

RM1,035,000

RM796 psf

Median transaction price

Low

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Raffel Tower
© OpenStreetMap · CARTO

62a, Lorong Permai 7, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

Raffel Tower in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2026, with a median price of RM1.04 million and a median price per square foot (PSF) of RM821.

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 RM1.04 million, with most transactions falling within a stable range of RM838K to RM1.23 million, and a typical market range of RM737K to RM1.33 million.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM821, with core pricing between RM702 and RM940. Market pricing typically extends from RM708.46 to RM934.46, reflecting moderate variation in unit pricing. With an IQR of RM226.00 and MAD of RM119, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.