Marriott Residences

55, Persiaran Gurney, George Town, 10250 George Town, Pulau Pinang, Malaysia

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Eh, what's a Kopitiam?

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Kopitiam · Quiet right now in Penang
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Market Snapshot

Residential

RM 1,872,000

RM 2,090 psf

Median transaction price

Low

Rental Yield Data

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Marriott Residences
© OpenStreetMap · CARTO

55, Persiaran Gurney, George Town, 10250 George Town, Pulau Pinang, Malaysia

Maps

Marriott Residences in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 1.87 million and a median price per square foot (PSF) of RM 2,090.

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 1.87 million, with most transactions falling within a stable range of RM 1.71 million to RM 2.04 million, and a typical market range of RM 1.74 million to RM 2.00 million.

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

For price per square foot, the median is RM 2,090, with most transactions between RM 2,038 and RM 2,142. The usual range is RM 2,005.50 to RM 2,174.50, showing that most units are priced quite close to each other. With an IQR of RM 169.00 and MAD of RM 52, 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.