QUAY WEST RESIDENCE

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 31 subsale transactions between 2021 and 2025, with a median price of RM 917K and a median price per square foot (PSF) of RM 791.

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 917K, with most transactions falling within a stable range of RM 822K to RM 1.01 million, and a typical market range of RM 736K to RM 1.10 million.

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

For price per square foot, the median is RM 791, with most transactions between RM 739 and RM 844. The usual range is RM 739.38 to RM 842.63, 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. Moderate transaction volume may require patience when buying or selling.