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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 17
|
RM 788,000
|
RM 779
|
1,012 sqft
|
|
Condo |
|
Level 19
|
RM 800,000
|
RM 791
|
1,012 sqft
|
|
Condo |
|
Level 14
|
RM 850,000
|
RM 840
|
1,012 sqft
|
|
Condo |
| 2023 | |||||
|
Level 18
|
RM 860,000
|
RM 850
|
1,012 sqft
|
|
Condo |
|
Level 22
|
RM 815,000
|
RM 805
|
1,012 sqft
|
|
Condo |
| 2022 | |||||
|
Level 16
|
RM 770,000
|
RM 761
|
1,012 sqft
|
|
Condo |
|
Level 12
|
RM 830,000
|
RM 820
|
1,012 sqft
|
|
Condo |
|
Level 13
|
RM 735,000
|
RM 726
|
1,012 sqft
|
|
Condo |
|
Level 14
|
RM 759,000
|
RM 750
|
1,012 sqft
|
|
Condo |
|
Level 19
|
RM 850,000
|
RM 840
|
1,012 sqft
|
|
Condo |
|
Level 23
|
RM 1,000,000
|
RM 988
|
1,012 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 815,000
RM 805 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, sized between 975 and 1,024 sqft, 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 1.00 million.
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 752.95 to RM 857.70, showing that most units are priced quite close to each other. With an IQR of RM 104.75 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.