MARINA BAY
Residential Market
Median Price
RM 570,000
PSF Trends (2021-2025)
MARINA BAY in Timur Laut, Penang recorded 1 subsale transactions in 2025, with a median price of RM 570K and a median price per square foot (PSF) of RM 445.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 445, with most transactions between RM 445 and RM 445. The usual range is RM 416.50 to RM 473.50, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
1 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 570,000
|
RM 445.00
|
1,281 sqft
|
Jan 2025
|