Raffel Tower

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

Property Transactions

9 subsales grouped by size

Median
RM620,000
PSF
RM961
Price Size
Period
transactions middle 50% (P25–P75)
450 sqft
Condo
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
1,400 sqft
Condo
RM1,040,000
Level 13
1,399 sqft · RM743 PSF
RM1,040,000
Level 13
1,400 sqft · RM743 PSF
1,600 sqft
Condo
RM1,000,000
Level 7
1,604 sqft · RM624 PSF
RM1,150,000
Level 23
1,604 sqft · RM717 PSF
Legend Recent Highest Price Highest PSF

Selling in Raffel Tower? Homes here sold for a median of RM620,000.

Free to list, about two minutes, and the buyers reading this page will see it.

List your property free

Posts about Raffel Tower

What’s happening in Raffel Tower?

No posts about Raffel Tower yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM620,000

RM961 psf

Median transaction price

Low

Know your return before you buy

See the gross rental yield for RAFFEL TOWER and compare before you put down a deposit.

Get Plus

RM59 a month, cancel any time

Raffel Tower
© OpenStreetMap · CARTO

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

Maps

Raffel Tower in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM620K and a median price per square foot (PSF) of RM961.

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 RM620K, with most transactions falling within a stable range of RM425K to RM886K, and a typical market range of RM425K to RM918K.

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

The median PSF stands at RM961, with core pricing between RM811 and RM1,112. Market pricing typically extends from RM848.06 to RM1,074.06, reflecting moderate variation in unit pricing. The spread of RM226.00 (IQR) and deviation of RM150 (MAD) suggest moderate price variations reflecting different property features.

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.