Quay West Residence in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM565K and a median price per square foot (PSF) of RM792.

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 RM565K, with most transactions falling within a stable range of RM458K to RM673K, and a typical market range of RM378K to RM753K.

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

For price per square foot, the median is RM792, with most transactions between RM739 and RM845. The usual range is RM739.63 to RM844.38, showing that most units are priced quite close to each other. With an IQR of RM104.75 and MAD of RM53, 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.