QUAY WEST RESIDENCE

Area Intelligence
2022
Median Price
RM 830,000
PSF: RM 820

Residential PSF Trends

Median Price

RM 830,000

PSF: RM 820

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 830K and a median price per square foot (PSF) of RM 820.

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 830K, with most transactions falling within a stable range of RM 735K to RM 957K, and a typical market range of RM 735K to RM 1.01 million.

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

The median PSF stands at RM 820, with core pricing between RM 732 and RM 908. Market pricing typically extends from RM 768.38 to RM 871.63, reflecting moderate variation in unit pricing. With an IQR of RM 103.25 and MAD of RM 88, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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QUAY WEST RESIDENCE, Timur Laut, Penang

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Transactions

7 transactions grouped by size

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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