THE SUITE AT WATERSIDE

Area Intelligence
2022
Median Price
RM 895,500
PSF: RM 650

Residential PSF Trends

Median Price

RM 895,500

PSF: RM 650

THE SUITE AT WATERSIDE in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 896K and a median price per square foot (PSF) of RM 650.

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 896K, with most transactions falling within a stable range of RM 610K to RM 1.27 million, and a typical market range of RM 610K to RM 1.26 million.

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

Price per square foot shows a median of RM 650, though individual units vary from RM 480 to RM 820 in the core range. The broader market spans RM 552.13 to RM 747.88, indicating diverse property characteristics. A wider spread (IQR: RM 195.75) and deviation (MAD: RM 170) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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THE SUITE AT WATERSIDE, Timur Laut, Penang

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Transactions

8 transactions grouped by size

850 sqft
Condo/Apartment
RM 991,000
Level 14
861 sqft · RM 1,151 PSF
1,000 sqft
Condo/Apartment
RM 610,000
Level 2
1,012 sqft · RM 603 PSF
RM 650,000
Level 2
1,012 sqft · RM 642 PSF
1,200 sqft
Condo/Apartment
RM 800,000
Level 6
1,219 sqft · RM 656 PSF
1,300 sqft
Condo/Apartment
RM 800,000
Level 3
1,305 sqft · RM 613 PSF
1,850 sqft
Condo/Apartment
RM 1,390,000
Level 3
1,865 sqft · RM 745 PSF
RM 1,450,000
Level 3
1,843 sqft · RM 787 PSF
2,550 sqft
Condo/Apartment
RM 1,650,000
Level 2
2,562 sqft · RM 644 PSF

No Properties For Sale

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

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