Area Intelligence

SANDY BAY HOTEL

6 properties
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Median Price
RM 210,000
PSF: RM 289

Residential Market

Median Price

RM 210,000

IQR: RM 63
MAD: RM 32
RM 289 PSF 0.7%

PSF Trends (2021-2025)

SANDY BAY HOTEL in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 210K and a median price per square foot (PSF) of RM 289.

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 210K, with most transactions falling within a stable range of RM 170K to RM 250K, and a typical market range of RM 176K to RM 244K.

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

The median PSF stands at RM 289, with core pricing between RM 257 and RM 321. Market pricing typically extends from RM 257.50 to RM 320.50, reflecting moderate variation in unit pricing. With an IQR of RM 63.00 and MAD of RM 32, 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.

Area Location

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SANDY BAY HOTEL, Timur Laut, Penang

OSM

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Transactions

6 properties grouped by size

500 sqft
2 units Service Apartment
RM 225,000
500 sqft · RM 450.00 PSF
Apr 2023
RM 160,000
500 sqft · RM 320.00 PSF
Mar 2023
750 sqft
2 units Service Apartment
RM 145,000
756 sqft · RM 192.00 PSF
Nov 2024
RM 195,000
753 sqft · RM 259.00 PSF
Nov 2022
950 sqft
2 units Service Apartment
RM 240,000
939 sqft · RM 256.00 PSF
Feb 2025
RM 300,000
939 sqft · RM 319.00 PSF
Apr 2024