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RAFFEL TOWER

Timur Laut, Pulau Pinang · High-rise / strata · 24 recorded sales, Oct 2021 to Oct 2024

No sale recorded since Oct 2024Condominium/Apartment · 24
RM 796psf median, against built-up area · 24 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 737963 psf
Median price
RM 1,035,000
Price range
RM 425kRM 1.58m
Built-up area
4381,604 sq ft

Median of 24 sales that carry a usable area, out of 24 on record. Half the sales fell inside the middle-half band; half did not.

Liquidity

No recorded sale in the 12 months to Oct 2024. Last on record: 30 Oct 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20212 · RM 752 psf
20225 · RM 912 psf
20239 · RM 961 psf
20248 · RM 759 psf

Quarterly medians · not a price trend

7088881,0682021 Q4 — RM 752 psf, 2 sales2022 Q3 — RM 744 psf, 2 sales2022 Q4 — RM 917 psf, 3 sales2023 Q1 — RM 1,033 psf, 1 sale2023 Q3 — RM 969 psf, 3 sales2023 Q4 — RM 743 psf, 5 sales2024 Q1 — RM 842 psf, 3 sales2024 Q2 — RM 758 psf, 4 sales2024 Q4 — RM 748 psf, 1 sale
2021 Q42024 Q4
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for high-rise / strata in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 24 priced sales

RM 619–649 psf — 3 salesRM 649–679 psf — 0 salesRM 679–710 psf — 1 saleRM 710–740 psf — 2 salesRM 740–770 psf — 6 salesRM 770–800 psf — 0 salesRM 800–831 psf — 1 saleRM 831–861 psf — 1 saleRM 861–891 psf — 0 salesRM 891–921 psf — 2 salesRM 921–952 psf — 1 saleRM 952–982 psf — 3 salesRM 982–1,012 psf — 2 salesRM 1,012–1,043 psf — 2 sales
RM 619RM 1,043 psf

Each bar counts sales in a RM 30 psf band, measured against built-up area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 20 of 24

DateTypeFloorArea (sq ft)PricepsfTenure
30 Oct 2024Condominium/Apartment151,604RM 1,200,000748Freehold
18 Jun 2024Condominium/Apartment151,604RM 1,195,000745Freehold
4 Jun 2024Condominium/Apartment171,604RM 1,503,000937Freehold
17 Apr 2024Condominium/Apartment271,604RM 1,235,000770Freehold
9 Apr 2024Condominium/Apartment121,604RM 1,030,000642Freehold
18 Mar 2024Condominium/Apartment231,399RM 860,000615Freehold
31 Jan 2024Condominium/Apartment6441RM 440,000997Freehold
4 Jan 2024Condominium/Apartment151,604RM 1,350,000842Freehold
15 Nov 2023Condominium/Apartment71,604RM 1,000,000624Freehold
7 Nov 2023Condominium/Apartment131,400RM 1,040,000743Freehold
7 Nov 2023Condominium/Apartment131,399RM 1,040,000743Freehold
27 Oct 2023Condominium/Apartment231,604RM 1,150,000717Freehold
24 Oct 2023Condominium/Apartment8438RM 460,0001,050Freehold
16 Aug 2023Condominium/Apartment11619RM 600,000969Freehold
16 Aug 2023Condominium/Apartment11624RM 600,000961Freehold
3 Jul 2023Condominium/Apartment8438RM 425,000970Freehold
1 Mar 2023Condominium/Apartment11600RM 620,0001,033Freehold
20 Dec 2022Condominium/Apartment191,604RM 1,583,000987Freehold
14 Dec 2022Condominium/Apartment10600RM 550,000917Freehold
14 Dec 2022Condominium/Apartment10603RM 550,000912Freehold

Others in Timur Laut · high-rise / strata

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: built-up area. Nothing here is a valuation.