MARINA BAY Property Investment Analysis
PROPERTY TYPES OVERVIEW
2 - 2 1/2 Storey Terraced
5 properties
Median Price
RM 479,500
-0.7% CAGR
Median PSF
RM 375.00
+1.6% CAGR
Low-Cost Flat
3 properties
Median Price
RM 79,500
-5.5% CAGR
Median PSF
RM 142.00
-5.5% CAGR
1 - 1 1/2 Storey Semi-Detached
2 properties
Median Price
RM 355,000
+1.4% CAGR
Median PSF
RM 110.50
+2.3% CAGR
Detached
2 properties
Median Price
RM 470,000
+21.4% CAGR
Median PSF
RM 92.50
+34.3% CAGR
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
2 - 2 1/2 Storey Terraced | 5 | 2,397,000 |
RM 479,500
±5K MAD
|
-0.66% |
RM 375.00
±18 MAD
|
+1.58% | |
Low-Cost Flat | 3 | 243,000 |
RM 79,500
±5K MAD
|
-5.51% |
RM 142.00
±8 MAD
|
-5.48% | |
1 - 1 1/2 Storey Semi-Detached | 2 | 710,000 |
RM 355,000
±5K MAD
|
+1.42% |
RM 110.50
±3 MAD
|
+2.29% | |
Detached | 2 | 940,000 |
RM 470,000
±90K MAD
|
+21.40% |
RM 92.50
±27 MAD
|
+34.28% |
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
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Condominium/Apartment |
|
RM 570,000
|
RM 445.00
|
1,281 sqft
|
Jan 2025
|
Condominium/Apartment |
|
RM 815,000
|
RM 421.00
|
1,938 sqft
|
Dec 2024
|
Condominium/Apartment |
|
RM 560,000
|
RM 526.00
|
1,066 sqft
|
Dec 2024
|
Condominium/Apartment |
|
RM 1,095,000
|
RM 606.00
|
1,808 sqft
|
Sep 2024
|
Condominium/Apartment |
|
RM 550,000
|
RM 487.00
|
1,130 sqft
|
Sep 2024
|
Condominium/Apartment |
|
RM 520,000
|
RM 483.00
|
1,076 sqft
|
May 2024
|
Condominium/Apartment |
|
RM 800,000
|
RM 442.00
|
1,808 sqft
|
Mar 2024
|
Condominium/Apartment |
|
RM 630,000
|
RM 395.00
|
1,593 sqft
|
Nov 2023
|
Condominium/Apartment |
|
RM 460,000
|
RM 427.00
|
1,076 sqft
|
Nov 2023
|
Condominium/Apartment |
|
RM 570,000
|
RM 535.00
|
1,066 sqft
|
Aug 2023
|
Condominium/Apartment |
|
RM 550,000
|
RM 487.00
|
1,130 sqft
|
Jul 2023
|
Condominium/Apartment |
|
RM 750,000
|
RM 387.00
|
1,938 sqft
|
Jun 2023
|
Condominium/Apartment |
|
RM 750,000
|
RM 415.00
|
1,808 sqft
|
Jun 2023
|
Condominium/Apartment |
|
RM 540,000
|
RM 502.00
|
1,076 sqft
|
Apr 2023
|
Condominium/Apartment |
|
RM 485,000
|
RM 451.00
|
1,076 sqft
|
Jan 2023
|
Condominium/Apartment |
|
RM 742,000
|
RM 466.00
|
1,593 sqft
|
Oct 2022
|
Condominium/Apartment |
|
RM 635,000
|
RM 496.00
|
1,281 sqft
|
Aug 2022
|
Condominium/Apartment |
|
RM 500,000
|
RM 465.00
|
1,076 sqft
|
Jan 2022
|
Condominium/Apartment |
|
RM 550,000
|
RM 487.00
|
1,130 sqft
|
Nov 2021
|