BAYWATER RESORT CONDOMINIUM

BAYWATER RESORT CONDOMINIUM in Timur Laut, Penang recorded 7 subsale transactions in 2024, with a median price of RM 860K and a median price per square foot (PSF) of RM 632.

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 RM 860K, with most transactions falling within a stable range of RM 781K to RM 939K, and a typical market range of RM 816K to RM 904K.

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

For price per square foot, the median is RM 632, with most transactions between RM 595 and RM 669. The usual range is RM 610.00 to RM 654.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.00 and an average deviation (MAD) of RM 37 indicate a highly stable PSF trend across properties.

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.