Penang
Timur Laut
Bdr Tanjung Pinang
THE SUITE AT WATERSIDE

THE SUITE AT WATERSIDE

Area Intelligence

2024

Median Price

RM 1,060,000

PSF: RM 785

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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.

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 785 and RM 785. 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 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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THE SUITE AT WATERSIDE, Timur Laut, Penang

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