THE SUITE AT WATERSIDE

Area Intelligence
2023
Median Price
RM 1,020,000
PSF: RM 863

Residential PSF Trends

Median Price

RM 1,020,000

PSF: RM 863

THE SUITE AT WATERSIDE in Timur Laut, Penang recorded 14 subsale transactions in 2023, with a median price of RM 1.02 million and a median price per square foot (PSF) of RM 863.

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 1.02 million, with most transactions falling within a stable range of RM 973K to RM 750K, and a typical market range of RM 657K to RM 750K.

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

For price per square foot, the median is RM 863, with most transactions between RM 803 and RM 922. The usual range is RM 764.63 to RM 960.38, showing that most units are priced quite close to each other. With an IQR of RM 195.75 and MAD of RM 60, 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

5 transactions grouped by size

850 sqft
Condo/Apartment
RM 650,000
Level 3
853 sqft · RM 762 PSF
RM 620,000
Level 6
853 sqft · RM 727 PSF
RM 715,000
Level 5
853 sqft · RM 838 PSF
RM 750,000
Level 6
853 sqft · RM 879 PSF
900 sqft
Condo/Apartment
RM 660,000
Level 5
896 sqft · RM 736 PSF

No Properties For Sale

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

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