Penang
Timur Laut
Jelutong
BAYWATER RESORT CONDOMINIUM

BAYWATER RESORT CONDOMINIUM

Area Intelligence

2021

Median Price

RM 894,000

PSF: RM 609

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Residential PSF Trends

Median Price

RM 894,000

PSF: RM 609

BAYWATER RESORT CONDOMINIUM in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 894K and a median price per square foot (PSF) of RM 609.

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 894K, with most transactions falling within a stable range of RM 862K to RM 926K, and a typical market range of RM 850K to RM 938K.

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

For price per square foot, the median is RM 609, with most transactions between RM 584 and RM 634. The usual range is RM 587.00 to RM 631.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.00 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.

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.

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BAYWATER RESORT CONDOMINIUM, Timur Laut, Penang

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