Penang
Timur Laut
Bdr Tanjung Pinang
QUAYSIDE CONDO (SERI TANJUNG PINANG)

QUAYSIDE CONDO (SERI TANJUNG PINANG)

Area Intelligence

2021

Median Price

RM 1,895,000

PSF: RM 1,053

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Residential PSF Trends

Median Price

RM 1,895,000

PSF: RM 1,053

QUAYSIDE CONDO (SERI TANJUNG PINANG) in Timur Laut, Penang recorded 18 subsale transactions in 2021, with a median price of RM 1.90 million and a median price per square foot (PSF) of RM 1,053.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 1,053, with most transactions between RM 1,053 and RM 1,053. The usual range is RM 944.00 to RM 1,162.00, showing that most units are priced quite close to each other. With an IQR of RM 218.00 and MAD of RM 0, 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.

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

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