Raffel Tower
62a, Lorong Permai 7, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia
62a, Lorong Permai 7, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia
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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
ResidentialRM1,035,000
RM796 psfMedian transaction price
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62a, Lorong Permai 7, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia
MapsRaffel Tower in Timur Laut, Penang recorded 0 subsale transactions in 2025, with a median price of RM1.04 million and a median price per square foot (PSF) of RM796.
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 RM796, with core pricing between RM677 and RM915. Market pricing typically extends from RM682.50 to RM908.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.