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 1.06 million to RM 1.38 million, and a typical market range of RM 1.06 million to RM 1.42 million.

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

The median PSF stands at RM 785, with core pricing between RM 665 and RM 905. Market pricing typically extends from RM 687.13 to RM 882.88, reflecting moderate variation in unit pricing. The spread of RM 195.75 (IQR) and deviation of RM 120 (MAD) suggest moderate price variations reflecting different property features.

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

5 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 1,060,000
Level 2
1,008 sqft · RM 1,051 PSF
1,800 sqft
Condo/Apartment
RM 1,300,000
Level 4
1,800 sqft · RM 722 PSF
RM 1,450,000
Level 6
1,800 sqft · RM 805 PSF
2,100 sqft
Condo/Apartment
RM 1,650,000
Level 5
2,102 sqft · RM 785 PSF
RM 1,990,000
Level 6
2,102 sqft · RM 947 PSF

No Properties For Sale

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

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