QUAY WEST RESIDENCE

Area Intelligence
2024
Median Price
RM 680,000
PSF: RM 815

Residential PSF Trends

Median Price

RM 680,000

PSF: RM 815

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 13 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 815.

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 680K, with most transactions falling within a stable range of RM 515K to RM 849K, and a typical market range of RM 515K to RM 861K.

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

The median PSF stands at RM 815, with core pricing between RM 705 and RM 925. Market pricing typically extends from RM 763.38 to RM 866.63, reflecting moderate variation in unit pricing. With an IQR of RM 103.25 and MAD of RM 110, 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

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Transactions

13 transactions grouped by size

650 sqft
Condo/Apartment
RM 515,000
Level 17
650 sqft · RM 792 PSF
RM 530,000
Level 8
650 sqft · RM 815 PSF
RM 550,000
Level 11
650 sqft · RM 846 PSF
RM 680,000
Level 12
650 sqft · RM 1,046 PSF
RM 570,000
Level 21
650 sqft · RM 877 PSF
RM 530,000
Level 24
650 sqft · RM 815 PSF
RM 735,000
Level 5
650 sqft · RM 1,131 PSF
RM 515,000
Level 21
650 sqft · RM 792 PSF
1,000 sqft
Condo/Apartment
RM 788,000
Level 17
1,012 sqft · RM 779 PSF
RM 800,000
Level 19
1,012 sqft · RM 791 PSF
RM 850,000
Level 14
1,012 sqft · RM 840 PSF
1,100 sqft
Condo/Apartment
RM 900,000
Level 6
1,076 sqft · RM 836 PSF
1,500 sqft
Condo/Apartment
RM 1,050,000
Level 17
1,500 sqft · RM 700 PSF

No Properties For Sale

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

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