The Suite At Waterside
1, Jalan Seri Tg Pinang, Seri Tanjung Pinang, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
1, Jalan Seri Tg Pinang, Seri Tanjung Pinang, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 610,000
|
RM 603
|
1,012 sqft
|
|
|
|
Level 2
|
RM 650,000
|
RM 642
|
1,012 sqft
|
|
|
Level 3
|
RM 1,390,000
|
RM 745
|
1,865 sqft
|
|
|
|
Level 3
|
RM 1,450,000
|
RM 787
|
1,843 sqft
|
|
|
Level 2
|
RM 1,650,000
|
RM 644
|
2,562 sqft
|
|
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Market Snapshot
ResidentialRM 895,500
RM 650 psfMedian transaction price
1, Jalan Seri Tg Pinang, Seri Tanjung Pinang, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
MapsThe Suite At Waterside in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 896K and a median price per square foot (PSF) of RM 650.
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 896K, with most transactions falling within a stable range of RM 610K to RM 1.27 million, and a typical market range of RM 610K to RM 1.27 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 650, though individual units vary from RM 480 to RM 820 in the core range. The broader market spans RM 556.31 to RM 743.81, indicating diverse property characteristics. A wider spread (IQR: RM 187.50) and deviation (MAD: RM 170) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.