QUAY WEST RESIDENCE

Area Intelligence
2023
Median Price
RM 549,000
PSF: RM 787

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 1.00 million to RM 712K, and a typical market range of RM 1.00 million 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 680 and RM 893. 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 107, 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

10 transactions grouped by size

1,100 sqft
Condo/Apartment
RM 1,000,000
Level 8
1,076 sqft · RM 929 PSF
RM 1,000,000
Level 5
1,076 sqft · RM 929 PSF
1,200 sqft
Condo/Apartment
RM 1,050,000
Level 11
1,204 sqft · RM 872 PSF
1,500 sqft
Condo/Apartment
RM 1,000,000
Level 12
1,497 sqft · RM 668 PSF
RM 1,080,000
Level 18
1,497 sqft · RM 721 PSF
RM 1,180,000
Level 18
1,497 sqft · RM 788 PSF
RM 1,000,000
Level 15
1,500 sqft · RM 667 PSF
RM 1,000,000
Level 16
1,500 sqft · RM 667 PSF
RM 1,320,000
Level 19
1,497 sqft · RM 882 PSF
1,650 sqft
Condo/Apartment
RM 1,500,000
Level 18
1,668 sqft · RM 899 PSF

No Properties For Sale

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

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