Area Intelligence

QUAYSIDE CLEAR WATER BAY

2 properties
2023
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Median Price
RM 432,500
PSF: RM 328

Residential Market

Median Price

RM 432,500

IQR: RM 25
MAD: RM 14
RM 328 PSF 0.8%

PSF Trends (2021-2025)

QUAYSIDE CLEAR WATER BAY in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 433K and a median price per square foot (PSF) of RM 328.

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 433K, with most transactions falling within a stable range of RM 400K to RM 465K, and a typical market range of RM 415K to RM 450K.

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

For price per square foot, the median is RM 328, with most transactions between RM 301 and RM 354. The usual range is RM 315.00 to RM 340.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 27 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.

Area Location

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QUAYSIDE CLEAR WATER BAY, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,300 sqft
1 units Condo/Apartment
RM 465,000
1,313 sqft · RM 354.00 PSF
Dec 2023
1,350 sqft
1 units Condo/Apartment
RM 400,000
1,328 sqft · RM 301.00 PSF
Apr 2023