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
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 7
|
RM 490,000
|
RM 754
|
650 sqft
|
|
Condo |
|
Level 8
|
RM 480,000
|
RM 739
|
650 sqft
|
|
Condo |
|
Level 10
|
RM 485,000
|
RM 746
|
650 sqft
|
|
Condo |
|
Level 11
|
RM 455,000
|
RM 700
|
650 sqft
|
|
Condo |
|
Level 17
|
RM 478,000
|
RM 735
|
650 sqft
|
|
Condo |
|
Level 17
|
RM 538,000
|
RM 828
|
650 sqft
|
|
Condo |
|
Level 21
|
RM 488,000
|
RM 751
|
650 sqft
|
|
Condo |
|
Level 16
|
RM 770,000
|
RM 761
|
1,012 sqft
|
|
Condo |
|
Level 11
|
RM 1,100,000
|
RM 913
|
1,204 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 636,500
RM 752 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsQuay West Residence in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM 637K and a median price per square foot (PSF) of RM 752.
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 637K, with most transactions falling within a stable range of RM 455K to RM 845K, and a typical market range of RM 455K to RM 824K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 752, with core pricing between RM 675 and RM 830. Market pricing typically extends from RM 700.03 to RM 804.78, reflecting moderate variation in unit pricing. With an IQR of RM 104.75 and MAD of RM 78, 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.