SANDY BAY HOTEL Property Investment Analysis
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
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Service Apartment |
|
RM 240,000
|
RM 256.00
|
939 sqft
|
Feb 2025
|
Service Apartment |
|
RM 145,000
|
RM 192.00
|
756 sqft
|
Nov 2024
|
Service Apartment |
|
RM 300,000
|
RM 319.00
|
939 sqft
|
Apr 2024
|
Service Apartment |
|
RM 225,000
|
RM 450.00
|
500 sqft
|
Apr 2023
|
Service Apartment |
|
RM 160,000
|
RM 320.00
|
500 sqft
|
Mar 2023
|
Service Apartment |
|
RM 195,000
|
RM 259.00
|
753 sqft
|
Nov 2022
|