Marina Bay
Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 782,500
RM 404 psfMedian transaction price
Marina Bay, Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
MapsMarina Bay in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,925 and 1,974 sqft, with a median price of RM 783K and a median price per square foot (PSF) of RM 404.
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 783K, with most transactions falling within a stable range of RM 750K to RM 815K, and a typical market range of RM 750K to RM 815K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 404, with most transactions between RM 387 and RM 421. The usual range is RM 375.12 to RM 432.62, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 17, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.