QUAYSIDE CONDO (SERI TANJUNG PINANG)

Area Intelligence
2023
Median Price
RM 1,300,000
PSF: RM 1,055

Residential PSF Trends

Median Price

RM 1,300,000

PSF: RM 1,055

QUAYSIDE CONDO (SERI TANJUNG PINANG) in Timur Laut, Penang recorded 39 subsale transactions in 2023, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 1,055.

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 1.30 million, with most transactions falling within a stable range of RM 1.25 million to RM 1.00 million, and a typical market range of RM 850K to RM 1.00 million.

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

The median PSF stands at RM 1,055, with core pricing between RM 918 and RM 1,192. Market pricing typically extends from RM 946.00 to RM 1,164.00, reflecting moderate variation in unit pricing. With an IQR of RM 218.00 and MAD of RM 137, 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. 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

6 transactions grouped by size

900 sqft
Condo/Apartment
RM 950,000
Level 8
914 sqft · RM 1,039 PSF
RM 900,000
Level 1
915 sqft · RM 984 PSF
RM 960,000
Level 7
915 sqft · RM 1,049 PSF
RM 1,000,000
Level 10
915 sqft · RM 1,093 PSF
1,150 sqft
Condo/Apartment
RM 940,000
Level 8
1,132 sqft · RM 830 PSF
1,200 sqft
Condo/Apartment
RM 850,000
Level 1
1,199 sqft · RM 709 PSF

No Properties For Sale

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

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