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 8
|
RM460,000
|
RM1,050
|
438 sqft
|
|
|
|
Level 8
|
RM425,000
|
RM970
|
438 sqft
|
|
|
Level 11
|
RM600,000
|
RM969
|
619 sqft
|
|
|
|
Level 11
|
RM600,000
|
RM961
|
624 sqft
|
|
|
|
Level 11
|
RM620,000
|
RM1,033
|
600 sqft
|
|
|
Level 13
|
RM1,040,000
|
RM743
|
1,399 sqft
|
|
|
|
Level 13
|
RM1,040,000
|
RM743
|
1,400 sqft
|
|
|
Level 7
|
RM1,000,000
|
RM624
|
1,604 sqft
|
|
|
|
Level 23
|
RM1,150,000
|
RM717
|
1,604 sqft
|
|
Selling in Raffel Tower? Homes here sold for a median of RM620,000.
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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
ResidentialRM620,000
RM961 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 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.