Penang
Timur Laut
13
QUAY WEST RESIDENCE

QUAY WEST RESIDENCE

Area Intelligence

Median Price

RM 515,000

PSF: RM 792

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Residential PSF Trends

Median Price

RM 515,000

PSF: RM 792

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 47 subsale transactions between 2021 and 2025, with a median price of RM 515K and a median price per square foot (PSF) of RM 792.

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 515K, with most transactions falling within a stable range of RM 420K to RM 610K, and a typical market range of RM 334K to RM 696K.

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

For price per square foot, the median is RM 792, with most transactions between RM 740 and RM 845. The usual range is RM 740.38 to RM 843.63, showing that most units are priced quite close to each other. With an IQR of RM 103.25 and MAD of RM 53, 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

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Transactions

22 transactions grouped by size

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)

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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)

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Road	Price	Land PSF	Land	Date	Type

650 sqft

Condo/Apartment

650 sqft

Condo/Apartment

RM 495,000

Level 12

650 sqft · RM 762 PSF

Nov 2023

RM 480,000

Level 19

650 sqft · RM 738 PSF

Oct 2023

RM 450,000

Level 13

650 sqft · RM 692 PSF

Oct 2023

RM 480,000

Level 6

650 sqft · RM 739 PSF

Aug 2023

RM 487,000

Level 22

650 sqft · RM 749 PSF

Jul 2023

RM 470,000

Level 11

650 sqft · RM 723 PSF

Jul 2023

Level 12	RM 495,000	RM 762	650 sqft	Nov 2023
Level 19	RM 480,000	RM 738	650 sqft	Oct 2023
Level 13	RM 450,000	RM 692	650 sqft	Oct 2023
Level 6	RM 480,000	RM 739	650 sqft	Aug 2023
Level 22	RM 487,000	RM 749	650 sqft	Jul 2023
Level 11	RM 470,000	RM 723	650 sqft	Jul 2023