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 12
|
RM 495,000
|
RM 762
|
650 sqft
|
|
|
|
Level 6
|
RM 578,000
|
RM 889
|
650 sqft
|
|
|
|
Level 19
|
RM 480,000
|
RM 738
|
650 sqft
|
|
|
|
Level 21
|
RM 540,000
|
RM 831
|
650 sqft
|
|
|
|
Level 13
|
RM 450,000
|
RM 692
|
650 sqft
|
|
|
|
Level 13
|
RM 550,000
|
RM 846
|
650 sqft
|
|
|
Level 18
|
RM 860,000
|
RM 850
|
1,012 sqft
|
|
|
|
Level 22
|
RM 815,000
|
RM 805
|
1,012 sqft
|
|
|
Level 13
|
RM 855,000
|
RM 765
|
1,118 sqft
|
|
|
|
Level 11
|
RM 850,000
|
RM 760
|
1,118 sqft
|
|
|
|
Level 8
|
RM 1,000,000
|
RM 929
|
1,076 sqft
|
|
|
|
Level 5
|
RM 1,000,000
|
RM 929
|
1,076 sqft
|
|
|
|
Level 13
|
RM 917,000
|
RM 820
|
1,118 sqft
|
|
|
|
Level 20
|
RM 857,000
|
RM 796
|
1,076 sqft
|
|
|
Level 11
|
RM 1,050,000
|
RM 872
|
1,204 sqft
|
|
|
Level 7
|
RM 900,000
|
RM 601
|
1,497 sqft
|
|
|
|
Level 19
|
RM 960,000
|
RM 640
|
1,500 sqft
|
|
|
|
Level 18
|
RM 1,080,000
|
RM 721
|
1,497 sqft
|
|
|
|
Level 12
|
RM 1,000,000
|
RM 668
|
1,497 sqft
|
|
|
|
Level 16
|
RM 1,000,000
|
RM 667
|
1,500 sqft
|
|
|
|
Level 15
|
RM 1,000,000
|
RM 667
|
1,500 sqft
|
|
|
|
Level 18
|
RM 1,180,000
|
RM 788
|
1,497 sqft
|
|
|
|
Level 19
|
RM 1,320,000
|
RM 882
|
1,497 sqft
|
|
|
Level 18
|
RM 1,500,000
|
RM 899
|
1,668 sqft
|
|
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Market Snapshot
ResidentialRM 549,000
RM 786 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsQuay West Residence in Timur Laut, Penang recorded 50 subsale transactions in 2023, with a median price of RM 549K and a median price per square foot (PSF) of RM 786.
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 549K, with most transactions falling within a stable range of RM 450K to RM 811K, and a typical market range of RM 450K to RM 737K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 786, with core pricing between RM 705 and RM 868. Market pricing typically extends from RM 734.12 to RM 838.87, reflecting moderate variation in unit pricing. With an IQR of RM 104.75 and MAD of RM 81, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.