Quayside Condo (Seri Tanjung Pinang)
Hot Area · Top 8%Tingkat Laksamana 8, Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 2
|
RM 2,150,000
|
RM 1,075
|
2,000 sqft
|
|
Condo |
|
Level 17
|
RM 2,200,000
|
RM 1,100
|
2,000 sqft
|
|
Condo |
|
Level 20
|
RM 1,790,000
|
RM 895
|
2,000 sqft
|
|
Condo |
| 2023 | |||||
|
Level 25
|
RM 1,825,000
|
RM 913
|
2,000 sqft
|
|
Condo |
|
Level 1
|
RM 1,600,000
|
RM 800
|
2,000 sqft
|
|
Condo |
| 2022 | |||||
|
Level 2
|
RM 1,660,000
|
RM 833
|
1,993 sqft
|
|
Condo |
|
Level 6
|
RM 1,750,000
|
RM 878
|
1,993 sqft
|
|
Condo |
|
Level 23
|
RM 1,565,000
|
RM 785
|
1,993 sqft
|
|
Condo |
|
Level 28
|
RM 2,000,000
|
RM 1,004
|
1,993 sqft
|
|
Condo |
|
Level 3
|
RM 1,830,000
|
RM 915
|
2,000 sqft
|
|
Condo |
| 2021 | |||||
|
Level 13
|
RM 2,250,000
|
RM 1,125
|
2,000 sqft
|
|
Condo |
|
Level 19
|
RM 1,990,000
|
RM 995
|
2,000 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 1,827,500
RM 914 psfMedian transaction price
Tingkat Laksamana 8, Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
MapsQuayside Condo (Seri Tanjung Pinang) in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2026, sized between 1,975 and 2,024 sqft, with a median price of RM 1.83 million and a median price per square foot (PSF) of RM 914.
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 1.83 million, with most transactions falling within a stable range of RM 1.60 million to RM 2.05 million, and a typical market range of RM 1.57 million to RM 2.25 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 914, with core pricing between RM 803 and RM 1,025. Market pricing typically extends from RM 804.78 to RM 1,022.78, reflecting moderate variation in unit pricing. With an IQR of RM 218.00 and MAD of RM 111, 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.