MARINA BAY

Area Intelligence
2023
Median Price
RM 560,000
PSF: RM 439

Residential PSF Trends

Median Price

RM 560,000

PSF: RM 439

MARINA BAY in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 439.

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 560K, with most transactions falling within a stable range of RM 540K to RM 648K, and a typical market range of RM 540K to RM 660K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 439, with core pricing between RM 382 and RM 496. Market pricing typically extends from RM 412.00 to RM 466.00, reflecting moderate variation in unit pricing. With an IQR of RM 54.00 and MAD of RM 57, 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.

Loading map...

MARINA BAY, Timur Laut, Penang

OSM

Track location

Transactions

6 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 570,000
Level 18
1,066 sqft · RM 535 PSF
1,100 sqft
Condo/Apartment
RM 540,000
Level 9
1,076 sqft · RM 502 PSF
1,150 sqft
Condo/Apartment
RM 550,000
Level 17
1,130 sqft · RM 487 PSF
1,600 sqft
Condo/Apartment
RM 630,000
Level 10
1,593 sqft · RM 395 PSF
1,800 sqft
Condo/Apartment
RM 750,000
Level 4
1,808 sqft · RM 415 PSF
1,950 sqft
Condo/Apartment
RM 750,000
Level 4
1,938 sqft · RM 387 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access