Queens Residences Q2 @ Queens Waterfront
Persiaran Bayan Indah, Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Persiaran Bayan Indah, Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 18
|
RM 998,000
|
RM 997
|
1,001 sqft
|
|
Condo |
| 2023 | |||||
|
Level 21
|
RM 945,000
|
RM 944
|
1,001 sqft
|
|
Condo |
|
Level 9
|
RM 1,085,000
|
RM 1,088
|
997 sqft
|
|
Condo |
| 2022 | |||||
|
Level 6
|
RM 985,000
|
RM 985
|
1,000 sqft
|
|
Condo |
|
Level 19
|
RM 915,000
|
RM 915
|
1,000 sqft
|
|
Condo |
|
Level 6
|
RM 920,000
|
RM 920
|
1,000 sqft
|
|
Condo |
|
Level 17
|
RM 963,000
|
RM 962
|
1,001 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 963,000
RM 962 psfMedian transaction price
Persiaran Bayan Indah, Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsQueens Residences Q2 @ Queens Waterfront in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM 963K and a median price per square foot (PSF) of RM 962.
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 963K, with most transactions falling within a stable range of RM 915K to RM 1.02 million, and a typical market range of RM 915K 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 962, with most transactions between RM 907 and RM 1,017. The usual range is RM 816.13 to RM 1,107.88, showing that most units are priced quite close to each other. With an IQR of RM 291.75 and MAD of RM 55, 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.