QUEENS RESIDENCES Q1 @ QUEENS WATERFRONT

QUEENS RESIDENCES Q1 @ QUEENS WATERFRONT in Barat Daya, Penang recorded 51 subsale transactions between 2021 and 2025, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 1,025.

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 RM 1.08 million, with most transactions falling within a stable range of RM 930K to RM 1.23 million, and a typical market range of RM 885K to RM 1.28 million.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 1,025, with core pricing between RM 901 and RM 1,149. Market pricing typically extends from RM 915.25 to RM 1,134.75, reflecting moderate variation in unit pricing. With an IQR of RM 219.50 and MAD of RM 124, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.