Taman Desa Relau
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 16
|
RM340,000
|
RM486
|
700 sqft
|
|
|
|
Level 4
|
RM298,000
|
RM426
|
700 sqft
|
|
|
|
Level 11
|
RM290,000
|
RM414
|
700 sqft
|
|
|
|
Level 4
|
RM320,000
|
RM457
|
700 sqft
|
|
|
|
Level 2
|
RM306,000
|
RM437
|
700 sqft
|
|
|
|
Level 3
|
RM290,000
|
RM414
|
700 sqft
|
|
Selling in Taman Desa Relau? Homes here sold for a median of RM290,000.
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Taman Desa Relau
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
ResidentialRM290,000
RM414 psfMedian transaction price
Taman Desa Relau, Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Desa Relau in Timur Laut, Penang recorded 17 subsale transactions in 2023, with a median price of RM290K and a median price per square foot (PSF) of RM414.
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 RM290K, with most transactions falling within a stable range of RM257K to RM323K, and a typical market range of RM260K to RM320K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM414, with core pricing between RM368 and RM461. Market pricing typically extends from RM371.49 to RM457.49, reflecting moderate variation in unit pricing. With an IQR of RM86.00 and MAD of RM47, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.