MARINA BAY

Area Intelligence

2022

Median Price

RM 635,000

PSF: RM 466

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Residential PSF Trends

Median Price

RM 635,000

PSF: RM 466

MARINA BAY in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 635K 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 635K, with most transactions falling within a stable range of RM 536K to RM 734K, and a typical market range of RM 535K to RM 735K.

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 452 and RM 480. The usual range is RM 439.00 to RM 493.00, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 14, 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.

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MARINA BAY, Timur Laut, Penang

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 742,000

Level 6

1,593 sqft • RM 466.00 PSF

Oct 2022

RM 635,000

Level 15

1,281 sqft • RM 496.00 PSF

Aug 2022

RM 500,000

Level 16

1,076 sqft • RM 465.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
Level 6	RM 742,000	RM 466.00	1,593 sqft	Oct 2022	Condo/Apartment
Level 15	RM 635,000	RM 496.00	1,281 sqft	Aug 2022	Condo/Apartment
Level 16	RM 500,000	RM 465.00	1,076 sqft	Jan 2022	Condo/Apartment