Quayside Condo (Seri Tanjung Pinang)
Hot Area · Top 8%Tingkat Laksamana 8, Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 1,550,000
RM 1,039 psfMedian transaction price
Tingkat Laksamana 8, Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
MapsQuayside Condo (Seri Tanjung Pinang) in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 1,039.
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 1.55 million, with most transactions falling within a stable range of RM 1.15 million to RM 1.95 million, and a typical market range of RM 1.01 million to RM 2.10 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 1,039, with core pricing between RM 926 and RM 1,152. Market pricing typically extends from RM 930.00 to RM 1,148.00, reflecting moderate variation in unit pricing. With an IQR of RM 218.00 and MAD of RM 113, 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. Limited transaction history suggests carefully evaluating comparable sales data.