WATERSIDE RESIDENCE Transaction Price & PSF
WATERSIDE RESIDENCE Condominium/Apartment Residential Property Market | residential | Data through September 2024
This market article examines the residential segment for WATERSIDE RESIDENCE, focusing on the Condominium/Apartment category. The goal is to explain how to interpret the available transaction data without making claims beyond what the data show.
Market overview
Within the residential segment, activity centers on the WATERSIDE RESIDENCE scheme in Timur Laut, Georgetown, Pulau Pinang. The dataset indicates that the Condominium/Apartment category is the dominant contributor to observed transactions, with a geographic focus in this submarket. Different property categories should be compared separately to avoid conflating market dynamics.
Property type benchmarks
The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.
Condominium/Apartment
Within this market snapshot, the Condominium/Apartment category appears as the central driver of observed transactions for the WATERSIDE RESIDENCE scheme. The category aligns with the scheme's profile in Timur Laut-Georgetown, Pulau Pinang, reflecting its prominence in the residential segment of this dataset.
How to interpret this market
Transaction benchmarks can serve as a reference point to understand how a given unit sits in the observed market. Remember that individual properties may differ due to location within the scheme, unit size and other features. Compare each property category separately and treat benchmarks as context rather than a guarantee.
Explore the underlying market
View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.
View Timur Laut property dataFrequently asked questions
What is the dominant property type in this market snapshot?
Condominium/Apartment is the primary property type represented in the dataset for WATERSIDE RESIDENCE.
How should I use benchmarks when evaluating a unit?
Treat benchmarks as a guide to context and avoid assuming a specific outcome for a single transaction.
Which submarkets are highlighted in this snapshot?
Timur Laut and Georgetown are the main submarkets featured in the dataset.
Summary
Readers should compare property types separately and use transaction benchmarks to contextualize results. The data provide a scheme-focused view of activity for WATERSIDE RESIDENCE and do not imply future movements.
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Methodology
Median transaction price for the selected market scope.
Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.
Unavailable measurements are not estimated or inferred.
Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.