Penang
Timur Laut
13
QUAY WEST RESIDENCE

QUAY WEST RESIDENCE

Area Intelligence

2023

Median Price

RM 549,000

PSF: RM 787

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Residential PSF Trends

Median Price

RM 549,000

PSF: RM 787

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 50 subsale transactions in 2023, with a median price of RM 549K and a median price per square foot (PSF) of RM 787.

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 549K, with most transactions falling within a stable range of RM 450K to RM 811K, and a typical market range of RM 450K to RM 730K.

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

The median PSF stands at RM 787, with core pricing between RM 705 and RM 868. Market pricing typically extends from RM 734.88 to RM 838.13, reflecting moderate variation in unit pricing. With an IQR of RM 103.25 and MAD of RM 81, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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QUAY WEST RESIDENCE, Timur Laut, Penang

OSM

Track location

Transactions

50 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)

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

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 578,000

Level 6

650 sqft · RM 889 PSF

Nov 2023

RM 480,000

Level 19

650 sqft · RM 738 PSF

Oct 2023

RM 540,000

Level 21

650 sqft · RM 831 PSF

Oct 2023

RM 450,000

Level 13

650 sqft · RM 692 PSF

Oct 2023

RM 550,000

Level 13

650 sqft · RM 846 PSF

Sep 2023

Level 12	RM 495,000	RM 762	650 sqft	Nov 2023
Level 6	RM 578,000	RM 889	650 sqft	Nov 2023
Level 19	RM 480,000	RM 738	650 sqft	Oct 2023
Level 21	RM 540,000	RM 831	650 sqft	Oct 2023
Level 13	RM 450,000	RM 692	650 sqft	Oct 2023
Level 13	RM 550,000	RM 846	650 sqft	Sep 2023

View 26 more transactions

1,000 sqft

Condo/Apartment

1,000 sqft

Condo/Apartment

RM 860,000

Level 18

1,012 sqft · RM 850 PSF

Sep 2023

RM 815,000

Level 22

1,012 sqft · RM 805 PSF

Feb 2023

Level 18	RM 860,000	RM 850	1,012 sqft	Sep 2023
Level 22	RM 815,000	RM 805	1,012 sqft	Feb 2023

1,100 sqft

Condo/Apartment

1,100 sqft

Condo/Apartment

RM 855,000

Level 13

1,118 sqft · RM 765 PSF

Nov 2023

RM 850,000

Level 11

1,118 sqft · RM 760 PSF

Oct 2023

RM 1,000,000

Level 8

1,076 sqft · RM 929 PSF

Jun 2023

RM 1,000,000

Level 5

1,076 sqft · RM 929 PSF

May 2023

RM 917,000

Level 13

1,118 sqft · RM 820 PSF

Apr 2023

RM 857,000

Level 20

1,076 sqft · RM 796 PSF

Mar 2023

Level 13	RM 855,000	RM 765	1,118 sqft	Nov 2023
Level 11	RM 850,000	RM 760	1,118 sqft	Oct 2023
Level 8	RM 1,000,000	RM 929	1,076 sqft	Jun 2023
Level 5	RM 1,000,000	RM 929	1,076 sqft	May 2023
Level 13	RM 917,000	RM 820	1,118 sqft	Apr 2023
Level 20	RM 857,000	RM 796	1,076 sqft	Mar 2023

1,200 sqft

Condo/Apartment

1,200 sqft

Condo/Apartment

RM 1,050,000

Level 11

1,204 sqft · RM 872 PSF

Jan 2023

Level 11

RM 1,050,000

RM 872

1,204 sqft

Jan 2023

1,500 sqft

Condo/Apartment

1,500 sqft

Condo/Apartment

RM 900,000

Level 7

1,497 sqft · RM 601 PSF

Dec 2023

RM 960,000

Level 19

1,500 sqft · RM 640 PSF

Nov 2023

RM 1,080,000

Level 18

1,497 sqft · RM 721 PSF

Aug 2023

RM 1,000,000

Level 12

1,497 sqft · RM 668 PSF

Aug 2023

RM 1,000,000

Level 16

1,500 sqft · RM 667 PSF

Jun 2023

RM 1,000,000

Level 15

1,500 sqft · RM 667 PSF

Jun 2023

RM 1,180,000

Level 18

1,497 sqft · RM 788 PSF

Jun 2023

RM 1,320,000

Level 19

1,497 sqft · RM 882 PSF

Feb 2023

Level 7	RM 900,000	RM 601	1,497 sqft	Dec 2023
Level 19	RM 960,000	RM 640	1,500 sqft	Nov 2023
Level 18	RM 1,080,000	RM 721	1,497 sqft	Aug 2023
Level 12	RM 1,000,000	RM 668	1,497 sqft	Aug 2023
Level 16	RM 1,000,000	RM 667	1,500 sqft	Jun 2023
Level 15	RM 1,000,000	RM 667	1,500 sqft	Jun 2023
Level 18	RM 1,180,000	RM 788	1,497 sqft	Jun 2023
Level 19	RM 1,320,000	RM 882	1,497 sqft	Feb 2023