Quay West Residence

Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Property Transactions

14 subsales grouped by size

Median
RM636,500
PSF
RM752
Price Size
Period
transactions middle 50% (P25–P75)
650 sqft
Condo
RM490,000
Level 7
650 sqft · RM754 PSF
RM480,000
Level 8
650 sqft · RM739 PSF
RM485,000
Level 10
650 sqft · RM746 PSF
RM455,000
Level 11
650 sqft · RM700 PSF
RM478,000
Level 17
650 sqft · RM735 PSF
RM538,000
Level 17
650 sqft · RM828 PSF
RM488,000
Level 21
650 sqft · RM751 PSF
1,000 sqft
Condo
RM770,000
Level 16
1,012 sqft · RM761 PSF
RM830,000
Level 12
1,012 sqft · RM820 PSF
RM735,000
Level 13
1,012 sqft · RM726 PSF
RM759,000
Level 14
1,012 sqft · RM750 PSF
RM850,000
Level 19
1,012 sqft · RM840 PSF
RM1,000,000
Level 23
1,012 sqft · RM988 PSF
1,200 sqft
Condo
RM1,100,000
Level 11
1,204 sqft · RM913 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM636,500

RM752 psf

Median transaction price

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Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Maps

Quay West Residence in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM637K and a median price per square foot (PSF) of RM752.

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 RM637K, with most transactions falling within a stable range of RM455K to RM845K, and a typical market range of RM455K to RM824K.

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

The median PSF stands at RM752, with core pricing between RM675 and RM830. Market pricing typically extends from RM700.03 to RM804.78, reflecting moderate variation in unit pricing. With an IQR of RM104.75 and MAD of RM78, 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.