Quayside Condo (Seri Tanjung Pinang)
Tingkat Laksamana 8, Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
Tingkat Laksamana 8, Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
|
Road
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Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 2
|
RM 3,415,000
|
RM 1,010
|
3,382 sqft
|
|
Condo |
|
Level G
|
RM 3,400,000
|
RM 848
|
4,011 sqft
|
|
Condo |
| 2023 | |||||
|
Level 1
|
RM 3,100,000
|
RM 903
|
3,434 sqft
|
|
Condo |
|
Level 2
|
RM 3,300,000
|
RM 956
|
3,453 sqft
|
|
Condo |
|
Level 3
|
RM 3,400,000
|
RM 1,055
|
3,224 sqft
|
|
Condo |
| 2022 | |||||
|
Level 26
|
RM 7,680,000
|
RM 1,071
|
7,169 sqft
|
|
Condo |
| 2021 | |||||
|
Level 23
|
RM 5,400,000
|
RM 1,288
|
4,194 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 3,400,000
RM 1,010 psfMedian transaction price
Tingkat Laksamana 8, Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
MapsQuayside Condo (Seri Tanjung Pinang) in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 3,000 and 10,000 sqft, with a median price of RM 3.40 million and a median price per square foot (PSF) of RM 1,010.
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 3.40 million, with most transactions falling within a stable range of RM 3.10 million to RM 4.98 million, and a typical market range of RM 3.10 million to RM 3.95 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 1,010, with core pricing between RM 877 and RM 1,142. Market pricing typically extends from RM 900.75 to RM 1,118.75, reflecting moderate variation in unit pricing. With an IQR of RM 218.00 and MAD of RM 133, 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.