QUAY WEST RESIDENCE in Timur Laut, Penang recorded 1 subsale transactions in 2025, with a median price of RM 945K and a median price per square foot (PSF) of RM 785.
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 945K, with most transactions falling within a stable range of RM 850K to RM 1.04 million, and a typical market range of RM 764K to RM 1.13 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 785, with most transactions between RM 733 and RM 838. The usual range is RM 733.38 to RM 836.63, 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.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.