Sandy Bay Hotel
11200 Tanjung Bungah, Penang, Malaysia
11200 Tanjung Bungah, Penang, Malaysia
Selling in Sandy Bay Hotel? Homes here sold for a median of RM222,500.
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Sandy Bay Hotel
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Tanjung Bungah
11200 Tanjung Bungah, Penang, Malaysia
MapsSandy 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.