Marina Tower
11200 Tanjung Bungah, Pulau Pinang, Malaysia
11200 Tanjung Bungah, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 6
|
RM 330,000
|
RM 465
|
710 sqft
|
|
Flat |
|
Level 12
|
RM 370,000
|
RM 521
|
710 sqft
|
|
Flat |
|
Level 17
|
RM 275,000
|
RM 387
|
710 sqft
|
|
Flat |
| 2024 | |||||
|
Level 5
|
RM 290,000
|
RM 408
|
710 sqft
|
|
Flat |
|
Level 6
|
RM 330,000
|
RM 465
|
710 sqft
|
|
Flat |
|
Level 3
|
RM 310,000
|
RM 436
|
710 sqft
|
|
Flat |
| 2023 | |||||
|
Level 15
|
RM 285,000
|
RM 401
|
710 sqft
|
|
Flat |
|
Level 2
|
RM 350,000
|
RM 493
|
710 sqft
|
|
Flat |
| 2022 | |||||
|
Level 19
|
RM 320,000
|
RM 450
|
710 sqft
|
|
Flat |
|
Level 12
|
RM 320,000
|
RM 450
|
710 sqft
|
|
Flat |
| 2021 | |||||
|
Level 15
|
RM 378,000
|
RM 532
|
710 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 320,000
RM 450 psfMedian transaction price
Marina Tower, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsMarina Tower in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 320K and a median price per square foot (PSF) of RM 450.
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 320K, with most transactions falling within a stable range of RM 290K to RM 350K, and a typical market range of RM 300K to RM 340K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 450, with most transactions between RM 408 and RM 492. The usual range is RM 421.94 to RM 478.94, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 42, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.