Moonlight Bay

Level 2 2-02, 01, Jalan Moonlight Bay, 11100 Batu Ferringhi, Pulau Pinang, Malaysia

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Does MOONLIGHT BAY rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Level 2 2-02, 01, Jalan Moonlight Bay, 11100 Batu Ferringhi, Pulau Pinang, Malaysia

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Moonlight Bay in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM1.89 million and a median price per square foot (PSF) of RM604.

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 RM1.89 million, with most transactions falling within a stable range of RM1.63 million to RM2.16 million, and a typical market range of RM1.74 million to RM2.04 million.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM604, with most transactions between RM590 and RM619. The usual range is RM569.50 to RM638.50, showing that most units are priced quite close to each other. With an IQR of RM69.00 and MAD of RM15, the PSF demonstrates reasonable consistency across the market.

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.