Queens Residences Q1 @ Queens Waterfront

Persiaran Bayan Indah, Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size

Median
RM1,080,000
PSF
RM1,090
Price Size
Period
transactions middle 50% (P25–P75)
950 sqft
Condo
RM1,100,000
Level 10
947 sqft · RM1,161 PSF
RM999,000
Level 7
947 sqft · RM1,055 PSF
RM1,178,000
Level 7
947 sqft · RM1,244 PSF
RM1,060,000
Level 12
947 sqft · RM1,119 PSF
RM817,000
Level 9
947 sqft · RM863 PSF
1,000 sqft
Condo
RM945,000
Level 14
1,001 sqft · RM944 PSF
RM920,000
Level 10
1,001 sqft · RM919 PSF
RM1,000,000
Level 9
1,000 sqft · RM1,000 PSF
1,200 sqft
Condo
RM1,280,000
Level 9
1,206 sqft · RM1,062 PSF
RM1,450,000
Level 19
1,206 sqft · RM1,203 PSF
1,650 sqft
Condo
RM2,080,000
Level 8
1,658 sqft · RM1,255 PSF
RM1,900,000
Level 10
1,658 sqft · RM1,146 PSF
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Market Snapshot

Residential

RM1,080,000

RM1,090 psf

Median transaction price

Low

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Queens Residences Q1 @ Queens Waterfront
© OpenStreetMap · CARTO

Persiaran Bayan Indah, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Queens Residences Q1 @ Queens Waterfront in Barat Daya, Penang recorded 12 subsale transactions in 2023, with a median price of RM1.08 million and a median price per square foot (PSF) of RM1,090.

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 RM1.08 million, with most transactions falling within a stable range of RM817K to RM1.46 million, and a typical market range of RM885K to RM1.28 million.

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

The median PSF stands at RM1,090, with core pricing between RM967 and RM1,214. Market pricing typically extends from RM980.66 to RM1,200.16, reflecting moderate variation in unit pricing. With an IQR of RM219.50 and MAD of RM124, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.