MARINA BAY

Area Intelligence
2024
Median Price
RM 680,000
PSF: RM 485

Residential PSF Trends

Median Price

RM 680,000

PSF: RM 485

MARINA BAY in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 485.

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 680K, with most transactions falling within a stable range of RM 550K to RM 810K, and a typical market range of RM 580K to RM 780K.

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

For price per square foot, the median is RM 485, with most transactions between RM 448 and RM 522. The usual range is RM 458.00 to RM 512.00, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 37, 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

5 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 560,000
Level 10
1,066 sqft · RM 526 PSF
1,100 sqft
Condo/Apartment
RM 520,000
Level 4
1,076 sqft · RM 483 PSF
1,150 sqft
Condo/Apartment
RM 550,000
Level 14
1,130 sqft · RM 487 PSF
1,800 sqft
Condo/Apartment
RM 800,000
Level 10
1,808 sqft · RM 442 PSF
1,950 sqft
Condo/Apartment
RM 815,000
Level 9
1,938 sqft · RM 421 PSF

No Properties For Sale

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

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