Quay West Residence
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 17
|
RM 515,000
|
RM 792
|
650 sqft
|
|
|
|
Level 8
|
RM 530,000
|
RM 815
|
650 sqft
|
|
|
|
Level 11
|
RM 550,000
|
RM 846
|
650 sqft
|
|
|
|
Level 12
|
RM 680,000
|
RM 1,046
|
650 sqft
|
|
|
|
Level 21
|
RM 570,000
|
RM 877
|
650 sqft
|
|
|
Level 17
|
RM 788,000
|
RM 779
|
1,012 sqft
|
|
|
|
Level 19
|
RM 800,000
|
RM 791
|
1,012 sqft
|
|
|
|
Level 14
|
RM 850,000
|
RM 840
|
1,012 sqft
|
|
|
Level 9
|
RM 1,200,000
|
RM 1,069
|
1,123 sqft
|
|
|
|
Level 10
|
RM 910,000
|
RM 810
|
1,123 sqft
|
|
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Market Snapshot
ResidentialRM 788,000
RM 815 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsQuay West Residence in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 788K and a median price per square foot (PSF) of RM 815.
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 788K, with most transactions falling within a stable range of RM 583K to RM 993K, and a typical market range of RM 601K to RM 976K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 815, with core pricing between RM 718 and RM 913. Market pricing typically extends from RM 762.98 to RM 867.73, reflecting moderate variation in unit pricing. With an IQR of RM 104.75 and MAD of RM 98, 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. Limited transaction history suggests carefully evaluating comparable sales data.