QUEENS RESIDENCES Q2 @ QUEENS WATERFRONT

QUEENS RESIDENCES Q2 @ QUEENS WATERFRONT in Barat Daya, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 894K and a median price per square foot (PSF) of RM 938.

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 894K, with most transactions falling within a stable range of RM 850K to RM 957K, and a typical market range of RM 850K to RM 1.09 million.

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

For price per square foot, the median is RM 938, with most transactions between RM 878 and RM 998. The usual range is RM 792.13 to RM 1,083.88, showing that most units are priced quite close to each other. With an IQR of RM 291.75 and MAD of RM 60, 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.