Penang
Timur Laut
13
QUAY WEST RESIDENCE

QUAY WEST RESIDENCE

Area Intelligence

2022

Median Price

RM 485,000

PSF: RM 746

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Residential PSF Trends

Median Price

RM 485,000

PSF: RM 746

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 485K and a median price per square foot (PSF) of RM 746.

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 485K, with most transactions falling within a stable range of RM 462K to RM 508K, and a typical market range of RM 455K to RM 538K.

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

For price per square foot, the median is RM 746, with most transactions between RM 710 and RM 782. The usual range is RM 694.38 to RM 797.63, showing that most units are priced quite close to each other. With an IQR of RM 103.25 and MAD of RM 36, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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QUAY WEST RESIDENCE, Timur Laut, Penang

OSM

Track location

Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 490,000

Level 7

650 sqft • RM 754.00 PSF

Dec 2022

RM 480,000

Level 8

650 sqft • RM 739.00 PSF

Dec 2022

RM 485,000

Level 10

650 sqft • RM 746.00 PSF

Dec 2022

RM 455,000

Level 11

650 sqft • RM 700.00 PSF

Dec 2022

RM 478,000

Level 17

650 sqft • RM 735.00 PSF

Dec 2022

RM 538,000

Level 17

650 sqft • RM 828.00 PSF

Dec 2022

RM 488,000

Level 21

650 sqft • RM 751.00 PSF

Dec 2022

Road	Price	Land PSF	Land	Date	Type
Level 7	RM 490,000	RM 754.00	650 sqft	Dec 2022	Condo/Apartment
Level 8	RM 480,000	RM 739.00	650 sqft	Dec 2022	Condo/Apartment
Level 10	RM 485,000	RM 746.00	650 sqft	Dec 2022	Condo/Apartment
Level 11	RM 455,000	RM 700.00	650 sqft	Dec 2022	Condo/Apartment
Level 17	RM 478,000	RM 735.00	650 sqft	Dec 2022	Condo/Apartment
Level 17	RM 538,000	RM 828.00	650 sqft	Dec 2022	Condo/Apartment
Level 21	RM 488,000	RM 751.00	650 sqft	Dec 2022	Condo/Apartment