MARINOX SKY VILLAS

MARINOX SKY VILLAS in Timur Laut, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 950K and a median price per square foot (PSF) of RM 617.

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 950K, with most transactions falling within a stable range of RM 830K to RM 1.07 million, and a typical market range of RM 847K to RM 1.05 million.

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

For price per square foot, the median is RM 617, with most transactions between RM 592 and RM 642. The usual range is RM 594.50 to RM 639.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.00 and an average deviation (MAD) of RM 25 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.