THE SUITE AT WATERSIDE

Area Intelligence
2024
Median Price
RM 1,060,000
PSF: RM 785

Residential PSF Trends

Median Price

RM 1,060,000

PSF: RM 785

THE SUITE AT WATERSIDE in Timur Laut, Penang recorded 9 subsale transactions in 2024, with a median price of RM 1.06 million and a median price per square foot (PSF) of RM 785.

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 1.06 million, with most transactions falling within a stable range of RM 932K to RM 950K, and a typical market range of RM 697K to RM 950K.

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

For price per square foot, the median is RM 785, with most transactions between RM 764 and RM 806. The usual range is RM 687.13 to RM 882.88, showing that most units are priced quite close to each other. With an IQR of RM 195.75 and MAD of RM 21, 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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THE SUITE AT WATERSIDE, Timur Laut, Penang

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Transactions

4 transactions grouped by size

850 sqft
Condo/Apartment
RM 680,000
Level 4
853 sqft · RM 797 PSF
RM 640,000
Level 4
853 sqft · RM 750 PSF
RM 650,000
Level 4
875 sqft · RM 743 PSF
1,250 sqft
Condo/Apartment
RM 950,000
Level 6
1,241 sqft · RM 766 PSF

No Properties For Sale

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

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