MARINA BAY Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 570,000
CAGR
+7.3%
Median PSF
RM 466.00
CAGR
-0.1%
Transactions
19
Period
2021-2025

PROPERTY TYPES OVERVIEW

MARINA BAY in Timur Laut, Penang recorded 19 subsale transactions between 2021 and 2025, with a median price of RM 570K and a median price per square foot (PSF) of RM 466.

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 570K, with most transactions falling within a stable range of RM 505K to RM 635K, and a typical market range of RM 470K to RM 671K.

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

For price per square foot, the median is RM 466, with most transactions between RM 436 and RM 496. The usual range is RM 437.50 to RM 494.50, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

19 found
Condominium/Apartment
RM 570,000
PSF: RM 445.00
Area: 1,281 sqft
Date: Jan 2025
Condominium/Apartment
RM 815,000
PSF: RM 421.00
Area: 1,938 sqft
Date: Dec 2024
Condominium/Apartment
RM 560,000
PSF: RM 526.00
Area: 1,066 sqft
Date: Dec 2024
Condominium/Apartment
RM 1,095,000
PSF: RM 606.00
Area: 1,808 sqft
Date: Sep 2024
Condominium/Apartment
RM 550,000
PSF: RM 487.00
Area: 1,130 sqft
Date: Sep 2024
Condominium/Apartment
RM 520,000
PSF: RM 483.00
Area: 1,076 sqft
Date: May 2024
Condominium/Apartment
RM 800,000
PSF: RM 442.00
Area: 1,808 sqft
Date: Mar 2024
Condominium/Apartment
RM 630,000
PSF: RM 395.00
Area: 1,593 sqft
Date: Nov 2023
Condominium/Apartment
RM 460,000
PSF: RM 427.00
Area: 1,076 sqft
Date: Nov 2023
Condominium/Apartment
RM 570,000
PSF: RM 535.00
Area: 1,066 sqft
Date: Aug 2023
Condominium/Apartment
RM 550,000
PSF: RM 487.00
Area: 1,130 sqft
Date: Jul 2023
Condominium/Apartment
RM 750,000
PSF: RM 387.00
Area: 1,938 sqft
Date: Jun 2023
Condominium/Apartment
RM 750,000
PSF: RM 415.00
Area: 1,808 sqft
Date: Jun 2023
Condominium/Apartment
RM 540,000
PSF: RM 502.00
Area: 1,076 sqft
Date: Apr 2023
Condominium/Apartment
RM 485,000
PSF: RM 451.00
Area: 1,076 sqft
Date: Jan 2023
Condominium/Apartment
RM 742,000
PSF: RM 466.00
Area: 1,593 sqft
Date: Oct 2022
Condominium/Apartment
RM 635,000
PSF: RM 496.00
Area: 1,281 sqft
Date: Aug 2022
Condominium/Apartment
RM 500,000
PSF: RM 465.00
Area: 1,076 sqft
Date: Jan 2022
Condominium/Apartment
RM 550,000
PSF: RM 487.00
Area: 1,130 sqft
Date: Nov 2021