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 3
|
RM 650,000
|
RM 762
|
853 sqft
|
|
|
|
Level 6
|
RM 620,000
|
RM 727
|
853 sqft
|
|
|
|
Level 5
|
RM 715,000
|
RM 838
|
853 sqft
|
|
|
|
Level 6
|
RM 750,000
|
RM 879
|
853 sqft
|
|
|
Level 3
|
RM 1,050,000
|
RM 1,041
|
1,008 sqft
|
|
|
|
Level 2
|
RM 900,000
|
RM 893
|
1,008 sqft
|
|
|
|
Level 2
|
RM 990,000
|
RM 982
|
1,008 sqft
|
|
|
Level 14
|
RM 1,200,000
|
RM 1,071
|
1,121 sqft
|
|
|
|
Level 2
|
RM 1,300,000
|
RM 1,160
|
1,121 sqft
|
|
|
Level 22
|
RM 1,580,000
|
RM 1,223
|
1,292 sqft
|
|
|
Level 6
|
RM 1,480,000
|
RM 803
|
1,843 sqft
|
|
|
Level 4
|
RM 1,700,000
|
RM 809
|
2,102 sqft
|
|
|
Level 2
|
RM 2,095,000
|
RM 846
|
2,476 sqft
|
|
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Market Snapshot
ResidentialRM 1,020,000
RM 863 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 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 620K to RM 1.46 million, and a typical market range of RM 644K to RM 1.40 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 863, with core pricing between RM 710 and RM 1,015. Market pricing typically extends from RM 768.80 to RM 956.30, reflecting moderate variation in unit pricing. The spread of RM 187.50 (IQR) and deviation of RM 153 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.