Marina Tower
11200 Tanjung Bungah, Pulau Pinang, Malaysia
11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 19
|
RM 320,000
|
RM 450
|
710 sqft
|
|
|
|
Level 12
|
RM 320,000
|
RM 450
|
710 sqft
|
|
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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 2 subsale transactions in 2022, 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.
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 450 and RM 450. 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 0, 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.