Quayside Clear Water Bay

13050 Butterworth, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 432,500
PSF
RM 328
Price Size
1,300 sqft
Condo
RM 465,000
Level 8
1,313 sqft · RM 354 PSF
1,350 sqft
Condo
RM 400,000
Level 8
1,328 sqft · RM 301 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 432,500

RM 328 psf

Median transaction price

Quayside Clear Water Bay in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 433K and a median price per square foot (PSF) of RM 328.

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 433K, with most transactions falling within a stable range of RM 400K to RM 465K, and a typical market range of RM 410K to RM 455K.

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

For price per square foot, the median is RM 328, with most transactions between RM 301 and RM 354. The usual range is RM 313.66 to RM 341.66, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.00 and an average deviation (MAD) of RM 26 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.