Marina Bay
Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 8
|
RM 585,000
|
RM 549
|
1,066 sqft
|
|
Condo |
| 2024 | |||||
|
Level 10
|
RM 560,000
|
RM 526
|
1,066 sqft
|
|
Condo |
| 2023 | |||||
|
Level 18
|
RM 570,000
|
RM 535
|
1,066 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 570,000
RM 535 psfMedian transaction price
Marina Bay, Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
MapsMarina Bay in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,025 and 1,074 sqft, with a median price of RM 570K and a median price per square foot (PSF) of RM 535.
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 560K to RM 580K, and a typical market range of RM 560K to RM 585K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 535, with most transactions between RM 525 and RM 545. The usual range is RM 506.14 to RM 563.64, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 10, 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.