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 3
|
RM 475,000
|
RM 441
|
1,076 sqft
|
|
Condo |
| 2024 | |||||
|
Level 4
|
RM 520,000
|
RM 483
|
1,076 sqft
|
|
Condo |
| 2023 | |||||
|
Level 4
|
RM 460,000
|
RM 427
|
1,076 sqft
|
|
Condo |
|
Level 9
|
RM 540,000
|
RM 502
|
1,076 sqft
|
|
Condo |
|
Level 11
|
RM 485,000
|
RM 451
|
1,076 sqft
|
|
Condo |
| 2022 | |||||
|
Level 16
|
RM 500,000
|
RM 465
|
1,076 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 492,500
RM 458 psfMedian transaction price
Marina Bay, Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
MapsMarina Bay in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM 493K and a median price per square foot (PSF) of RM 458.
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 493K, with most transactions falling within a stable range of RM 465K to RM 520K, and a typical market range of RM 460K to RM 540K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 458, with most transactions between RM 432 and RM 483. The usual range is RM 428.80 to RM 486.30, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 25, 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.