SANDY BAY HOTEL Property Investment Analysis

Tanjung Bungah, Timur Laut, Penang

Median Price
RM 210,000
CAGR
+6.8%
Median PSF
RM 289.00
CAGR
-0.7%
Transactions
6
Period
2022-2025

SANDY BAY HOTEL in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 210K and a median price per square foot (PSF) of RM 289.

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 210K, with most transactions falling within a stable range of RM 170K to RM 250K, and a typical market range of RM 176K to RM 244K.

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

The median PSF stands at RM 289, with core pricing between RM 257 and RM 321. Market pricing typically extends from RM 257.50 to RM 320.50, reflecting moderate variation in unit pricing. With an IQR of RM 63.00 and MAD of RM 32, 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.

ADVANCED FILTERS

TRANSACTIONS

6 found
Service Apartment
RM 240,000
PSF: RM 256.00
Area: 939 sqft
Date: Feb 2025
Service Apartment
RM 145,000
PSF: RM 192.00
Area: 756 sqft
Date: Nov 2024
Service Apartment
RM 300,000
PSF: RM 319.00
Area: 939 sqft
Date: Apr 2024
Service Apartment
RM 225,000
PSF: RM 450.00
Area: 500 sqft
Date: Apr 2023
Service Apartment
RM 160,000
PSF: RM 320.00
Area: 500 sqft
Date: Mar 2023
Service Apartment
RM 195,000
PSF: RM 259.00
Area: 753 sqft
Date: Nov 2022