Raffel Tower in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM575K and a median price per square foot (PSF) of RM943.

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 RM575K, with most transactions falling within a stable range of RM550K to RM606K, and a typical market range of RM550K to RM620K.

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

For price per square foot, the median is RM943, with most transactions between RM894 and RM992. The usual range is RM829.98 to RM1,055.98, showing that most units are priced quite close to each other. With an IQR of RM226.00 and MAD of RM49, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.