Taman Relau Jaya

11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM183,500
PSF
RM337
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
Flat
RM170,000
Level 7
549 sqft · RM310 PSF
RM190,000
Level 11
549 sqft · RM346 PSF
RM177,000
Level 11
538 sqft · RM329 PSF
RM200,000
Level 16
549 sqft · RM364 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM183,500

RM337 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 4 subsale transactions in 2024, with a median price of RM184K and a median price per square foot (PSF) of RM337.

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 RM184K, with most transactions falling within a stable range of RM172K to RM195K, and a typical market range of RM170K to RM199K.

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

For price per square foot, the median is RM337, with most transactions between RM317 and RM358. The usual range is RM309.37 to RM365.62, showing that most units are priced quite close to each other. With an IQR of RM56.25 and MAD of RM20, 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.