Marina Bay

Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM560,000
PSF
RM439
Price Size
Period
transactions middle 50% (P25–P75)
1,050 sqft
Condo
RM570,000
Level 18
1,066 sqft · RM535 PSF
1,100 sqft
Condo
RM460,000
Level 4
1,076 sqft · RM427 PSF
RM540,000
Level 9
1,076 sqft · RM502 PSF
RM485,000
Level 11
1,076 sqft · RM451 PSF
1,150 sqft
Condo
RM550,000
Level 17
1,130 sqft · RM487 PSF
1,600 sqft
Condo
RM630,000
Level 10
1,593 sqft · RM395 PSF
1,800 sqft
Condo
RM750,000
Level 4
1,808 sqft · RM415 PSF
1,950 sqft
Condo
RM750,000
Level 4
1,938 sqft · RM387 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM560,000

RM439 psf

Median transaction price

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Marina Bay, Kampung Masjid Bagan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia

Maps

Marina Bay in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM560K and a median price per square foot (PSF) of RM439.

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 RM560K, with most transactions falling within a stable range of RM460K to RM663K, and a typical market range of RM460K to RM663K.

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

The median PSF stands at RM439, with core pricing between RM389 and RM489. Market pricing typically extends from RM410.22 to RM467.72, reflecting moderate variation in unit pricing. With an IQR of RM57.50 and MAD of RM50, 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.