Taman Relau Jaya

11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM160,000
PSF
RM291
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
Flat
RM190,000
Level 4
549 sqft · RM346 PSF
RM130,000
Level 10
549 sqft · RM237 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM160,000

RM291 psf

Median transaction price

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Taman Relau Jaya, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Taman Relau Jaya in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM160K and a median price per square foot (PSF) of RM291.

This area contains both residential and commercial properties. View 17 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM160K, with most transactions falling within a stable range of RM130K to RM190K, and a typical market range of RM144K to RM176K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM291, with core pricing between RM237 and RM346. Market pricing typically extends from RM263.34 to RM319.59, reflecting moderate variation in unit pricing. The spread of RM56.25 (IQR) and deviation of RM55 (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.