QUAYSIDE CONDO (SERI TANJUNG PINANG)

Area Intelligence
2022
Median Price
RM 1,750,000
PSF: RM 985

Residential PSF Trends

Median Price

RM 1,750,000

PSF: RM 985

QUAYSIDE CONDO (SERI TANJUNG PINANG) in Timur Laut, Penang recorded 39 subsale transactions in 2022, with a median price of RM 1.75 million and a median price per square foot (PSF) of RM 985.

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 1.75 million, with most transactions falling within a stable range of RM 1.74 million to RM 900K, and a typical market range of RM 1.21 million to RM 900K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 985, with most transactions between RM 901 and RM 1,069. The usual range is RM 876.00 to RM 1,094.00, showing that most units are priced quite close to each other. With an IQR of RM 218.00 and MAD of RM 84, 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. Moderate transaction volume may require patience when buying or selling.

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QUAYSIDE CONDO (SERI TANJUNG PINANG), Timur Laut, Penang

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Transactions

4 transactions grouped by size

900 sqft
Condo/Apartment
RM 900,000
Level 8
914 sqft · RM 985 PSF
1,150 sqft
Condo/Apartment
RM 900,000
Level 10
1,127 sqft · RM 799 PSF
RM 900,000
Level 12
1,130 sqft · RM 796 PSF
RM 880,000
Level 10
1,130 sqft · RM 779 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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