QUAY WEST RESIDENCE

QUAY WEST RESIDENCE in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 815K and a median price per square foot (PSF) of RM 805.

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 815K, with most transactions falling within a stable range of RM 747K to RM 883K, and a typical market range of RM 735K to RM 996K.

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

For price per square foot, the median is RM 805, with most transactions between RM 738 and RM 872. The usual range is RM 753.38 to RM 856.63, showing that most units are priced quite close to each other. With an IQR of RM 103.25 and MAD of RM 67, 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.