QUAY WEST RESIDENCE

Area Intelligence
2022
Median Price
RM 636,500
PSF: RM 753

Residential PSF Trends

Median Price

RM 636,500

PSF: RM 753

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM 637K and a median price per square foot (PSF) of RM 753.

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 637K, with most transactions falling within a stable range of RM 455K to RM 845K, and a typical market range of RM 456K to RM 817K.

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

The median PSF stands at RM 753, with core pricing between RM 675 and RM 830. Market pricing typically extends from RM 700.88 to RM 804.13, reflecting moderate variation in unit pricing. With an IQR of RM 103.25 and MAD of RM 78, 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

14 transactions grouped by size

650 sqft
Condo/Apartment
RM 490,000
Level 7
650 sqft · RM 754 PSF
RM 480,000
Level 8
650 sqft · RM 739 PSF
RM 485,000
Level 10
650 sqft · RM 746 PSF
RM 455,000
Level 11
650 sqft · RM 700 PSF
RM 478,000
Level 17
650 sqft · RM 735 PSF
RM 538,000
Level 17
650 sqft · RM 828 PSF
RM 488,000
Level 21
650 sqft · RM 751 PSF
1,000 sqft
Condo/Apartment
RM 770,000
Level 16
1,012 sqft · RM 761 PSF
RM 830,000
Level 12
1,012 sqft · RM 820 PSF
RM 735,000
Level 13
1,012 sqft · RM 726 PSF
RM 759,000
Level 14
1,012 sqft · RM 750 PSF
RM 850,000
Level 19
1,012 sqft · RM 840 PSF
RM 1,000,000
Level 23
1,012 sqft · RM 988 PSF
1,200 sqft
Condo/Apartment
RM 1,100,000
Level 11
1,204 sqft · RM 913 PSF

No Properties For Sale

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

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