Sandy Bay Hotel

11200 Tanjung Bungah, Penang, Malaysia

Property Transactions

2 subsales found

Median
RM222,500
PSF
RM256
Price Size
Period
transactions middle 50% (P25–P75)
RM145,000
Level 13
756 sqft RM192 PSF
RM300,000
Level 15
939 sqft RM319 PSF
Legend Recent Highest Price Highest PSF

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Sandy Bay Hotel
© OpenStreetMap · CARTO

11200 Tanjung Bungah, Penang, Malaysia

Maps

Sandy Bay Hotel in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM223K and a median price per square foot (PSF) of RM256.

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 RM223K, with most transactions falling within a stable range of RM145K to RM300K, and a typical market range of RM183K to RM263K.

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

Price per square foot shows a median of RM256, though individual units vary from RM192 to RM319 in the core range. The broader market spans RM223.64 to RM287.64, indicating diverse property characteristics. The spread of RM64.00 (IQR) and deviation of RM64 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.