Raffel Tower
62a, Lorong Permai 7, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia
62a, Lorong Permai 7, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 15
|
RM1,200,000
|
RM748
|
1,604 sqft
|
|
|
|
Level 15
|
RM1,195,000
|
RM745
|
1,604 sqft
|
|
|
|
Level 17
|
RM1,503,000
|
RM937
|
1,604 sqft
|
|
|
|
Level 12
|
RM1,030,000
|
RM642
|
1,604 sqft
|
|
|
|
Level 27
|
RM1,235,000
|
RM770
|
1,604 sqft
|
|
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Raffel Tower
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
Market Snapshot
ResidentialRM1,200,000
RM748 psfMedian transaction price
Does RAFFEL TOWER rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
62a, Lorong Permai 7, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia
MapsRaffel Tower in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM1.20 million and a median price per square foot (PSF) of RM748.
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 RM1.20 million, with most transactions falling within a stable range of RM1.05 million to RM1.35 million, and a typical market range of RM1.03 million to RM1.50 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM748, with core pricing between RM653 and RM843. Market pricing typically extends from RM635.21 to RM861.21, reflecting moderate variation in unit pricing. With an IQR of RM226.00 and MAD of RM95, 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. Limited transaction history suggests carefully evaluating comparable sales data.