THE SUITE AT WATERSIDE

Area Intelligence
2023
Median Price
RM 1,300,000
PSF: RM 982

Residential PSF Trends

Median Price

RM 1,300,000

PSF: RM 982

THE SUITE AT WATERSIDE in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 982.

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 1.30 million, with most transactions falling within a stable range of RM 936K to RM 1.66 million, and a typical market range of RM 937K to RM 1.66 million.

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

The median PSF stands at RM 982, with core pricing between RM 837 and RM 1,127. Market pricing typically extends from RM 884.13 to RM 1,079.88, reflecting moderate variation in unit pricing. With an IQR of RM 195.75 and MAD of RM 145, 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

9 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 1,050,000
Level 3
1,008 sqft · RM 1,041 PSF
RM 900,000
Level 2
1,008 sqft · RM 893 PSF
RM 990,000
Level 2
1,008 sqft · RM 982 PSF
1,100 sqft
Condo/Apartment
RM 1,200,000
Level 14
1,121 sqft · RM 1,071 PSF
RM 1,300,000
Level 2
1,121 sqft · RM 1,160 PSF
1,300 sqft
Condo/Apartment
RM 1,580,000
Level 22
1,292 sqft · RM 1,223 PSF
1,850 sqft
Condo/Apartment
RM 1,480,000
Level 6
1,843 sqft · RM 803 PSF
2,100 sqft
Condo/Apartment
RM 1,700,000
Level 4
2,102 sqft · RM 809 PSF
2,500 sqft
Condo/Apartment
RM 2,095,000
Level 2
2,476 sqft · RM 846 PSF

No Properties For Sale

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

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