PropMedian Data Research

MARINOX SKY VILLAS Transaction Price & PSF

MARINOX SKY VILLAS Condominium/Apartment Residential Property Market | residential | Data through January 2026

Transactions
29
Property types
1
Data period
August 2021 - January 2026

This targeted market snapshot examines the residential segment for MARINOX SKY VILLAS in Pulau Pinang, focusing on the Condominium/Apartment category. The aim is to explain how to interpret the available scheme data and transaction benchmarks without overreaching beyond what the data shows.

Market overview

Within the MARINOX SKY VILLAS scheme, the data points to a dominant presence of the Condominium/Apartment category in residential transactions. Activity in Timur Laut district, and specifically Tanjung Tokong mukim, appears to be the primary locus of trading within this scheme. The pattern over years suggests variation in activity levels, with periods of stronger trading, but the data should not be used to forecast price direction or to imply guarantees. When analyzing the market, separate residential data from other property categories, as different segments can show distinct 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

Transactions
29
Median price
RM950,000
Median parcel area
1,518 sqft
Median parcel PSF
RM617.43 psf
Parcel PSF coverage
86.2%

In the dataset, this category forms the core of the residential observations for MARINOX SKY VILLAS, with most of the activity centered in the scheme and the Timur Laut district. Interpret this category on its own when comparing against other residential types, and avoid cross-context comparisons with non-residential segments.

How to interpret this market

Readers should use transaction benchmarks as a context for the residential segment, recognizing that individual properties can differ in size, view, condition, and other attributes. Benchmarks provide a reference point for market behavior within the MARINOX SKY VILLAS scheme and the broader Timur Laut / Tanjung Tokong submarket, but they do not guarantee outcomes for any single listing. When assessing a property, compare it against similar type within the same scheme or submarket, and consider the scheme’s characteristics as part of the evaluation.

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 data

Frequently asked questions

Which property type does this article cover?

The analysis focuses on Condominium/Apartment within the residential segment.

Where is the activity most concentrated in this data?

Activity centers in Timur Laut district, within Tanjung Tokong mukim, and within the MARINOX SKY VILLAS scheme.

How should buyers use the transaction benchmarks?

Use benchmarks as a reference for how the residential segment has behaved, while acknowledging that individual properties may differ and that data does not predict future movements or guarantee outcomes.

Summary

For informed comparison, analyse property types separately and view transaction benchmarks as a contextual guide. When considering MARINOX SKY VILLAS, place emphasis on the Condominium/Apartment category within the Timur Laut submarket and interpret scheme data in context rather than assuming uniform results across listings.

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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%.

MARINOX SKY VILLAS Price & PSF | PropMedian