QUAY WEST RESIDENCE

Area Intelligence
2024
Median Price
RM 850,000
PSF: RM 791

Residential PSF Trends

Median Price

RM 850,000

PSF: RM 791

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 850K 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 850K, with most transactions falling within a stable range of RM 788K to RM 945K, and a typical market range of RM 788K to RM 1.03 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 740 and RM 842. 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 51, 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

5 transactions grouped by size

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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