QUAY WEST RESIDENCE

Area Intelligence
2023
Median Price
RM 549,000
PSF: RM 787

Residential PSF Trends

Median Price

RM 549,000

PSF: RM 787

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 50 subsale transactions in 2023, with a median price of RM 549K and a median price per square foot (PSF) of RM 787.

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 549K, with most transactions falling within a stable range of RM 532K to RM 498K, and a typical market range of RM 450K to RM 498K.

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

For price per square foot, the median is RM 787, with most transactions between RM 761 and RM 812. The usual range is RM 734.88 to RM 838.13, showing that most units are priced quite close to each other. With an IQR of RM 103.25 and MAD of RM 26, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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QUAY WEST RESIDENCE, Timur Laut, Penang

OSM

Track location

Transactions

16 transactions found

RM 495,000
Level 12
650 sqft RM 762.00 PSF
RM 450,000
Level 13
650 sqft RM 692.00 PSF
RM 480,000
Level 19
650 sqft RM 738.00 PSF
RM 480,000
Level 6
650 sqft RM 739.00 PSF
RM 470,000
Level 11
650 sqft RM 723.00 PSF
RM 487,000
Level 22
650 sqft RM 749.00 PSF
RM 498,000
Level 9
650 sqft RM 766.00 PSF
RM 495,000
Level 11
650 sqft RM 762.00 PSF
RM 460,000
Level 12
650 sqft RM 708.00 PSF
RM 450,000
Level 9
650 sqft RM 692.00 PSF
RM 450,000
Level 11
650 sqft RM 692.00 PSF
RM 450,000
Level 19
650 sqft RM 692.00 PSF
RM 484,000
Level 11
650 sqft RM 745.00 PSF
RM 480,000
Level 15
650 sqft RM 739.00 PSF
RM 475,000
Level 16
650 sqft RM 731.00 PSF
RM 470,000
Level 18
650 sqft RM 723.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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