Marinox Sky Villas

28A, Jalan Desiran Tanjung 4, Seri Tanjung Pinang, 10470 Tanjung Tokong, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 1,050,000
PSF
RM 606
Price Size
Period
transactions middle 50% (P25–P75)
1,300 sqft
Condo
RM 740,000
Level 16
1,324 sqft · RM 559 PSF
RM 800,000
Level 26
1,324 sqft · RM 604 PSF
1,750 sqft
Condo
RM 1,050,000
Level 8
1,733 sqft · RM 606 PSF
RM 1,080,000
Level 22
1,733 sqft · RM 623 PSF
2,100 sqft
Condo
RM 1,850,000
Level 28
2,077 sqft · RM 891 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 1,050,000

RM 606 psf

Median transaction price

Low

Rental Yield Data

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Marinox Sky Villas
© OpenStreetMap · CARTO

28A, Jalan Desiran Tanjung 4, Seri Tanjung Pinang, 10470 Tanjung Tokong, Pulau Pinang, Malaysia

Maps

Marinox Sky Villas in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 606.

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 1.05 million, with most transactions falling within a stable range of RM 740K to RM 1.45 million, and a typical market range of RM 959K to RM 1.14 million.

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

The median PSF stands at RM 606, with core pricing between RM 487 and RM 725. Market pricing typically extends from RM 582.89 to RM 628.89, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 119 (MAD) suggest moderate price variations reflecting different property features.

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.