QUAY WEST RESIDENCE

Area Intelligence
2024
Median Price
RM 540,000
PSF: RM 831

Residential PSF Trends

Median Price

RM 540,000

PSF: RM 831

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 8 subsale transactions in 2024, with a median price of RM 540K and a median price per square foot (PSF) of RM 831.

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 540K, with most transactions falling within a stable range of RM 515K to RM 618K, and a typical market range of RM 515K to RM 721K.

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

The median PSF stands at RM 831, with core pricing between RM 711 and RM 950. Market pricing typically extends from RM 778.88 to RM 882.13, reflecting moderate variation in unit pricing. With an IQR of RM 103.25 and MAD of RM 120, 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

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Transactions

8 transactions found

RM 515,000
Level 17
650 sqft RM 792.00 PSF
RM 530,000
Level 8
650 sqft RM 815.00 PSF
RM 550,000
Level 11
650 sqft RM 846.00 PSF
RM 680,000
Level 12
650 sqft RM 1,046.00 PSF
RM 570,000
Level 21
650 sqft RM 877.00 PSF
RM 530,000
Level 24
650 sqft RM 815.00 PSF
RM 735,000
Level 5
650 sqft RM 1,131.00 PSF
RM 515,000
Level 21
650 sqft RM 792.00 PSF

No Properties For Sale

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

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