Quay West Residence
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
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Market Snapshot
ResidentialRM 565,000
RM 792 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsQuay West Residence in Timur Laut, Penang recorded 0 subsale transactions in 2026, with a median price of RM 565K and a median price per square foot (PSF) of RM 792.
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 565K, with most transactions falling within a stable range of RM 458K to RM 673K, and a typical market range of RM 378K to RM 753K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 792, with most transactions between RM 739 and RM 845. The usual range is RM 739.63 to RM 844.38, showing that most units are priced quite close to each other. With an IQR of RM 104.75 and MAD of RM 53, 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.