PropMedian transaction data
QUAY WEST RESIDENCE Transaction Price & PSF
QUAY WEST RESIDENCE · Condominium/Apartment · Timur Laut · Pulau Pinang · Data through August 2025
These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.
This article provides a focused look at the residential market segment for QUAY WEST RESIDENCE, with emphasis on the Condominium/Apartment category and how buyers can interpret the transaction benchmarks without assuming future price movements or investment outcomes.
Market overview
Within the residential segment, the Condominium/Apartment category comprises the dataset under review. The leading submarket is the QUAY WEST RESIDENCE scheme in the district of Timur Laut, with activity concentrated there in the observed sample. The latest period shows a subdued level of activity relative to the most active period in the dataset, highlighting variability in turnover. The analysis also reinforces that comparisons should be made separately for each property category to avoid conflating different market dynamics.
How to interpret this market
Readers can use transaction benchmarks as a reference point for understanding price positioning and activity, while recognising that an individual property may differ due to its specific characteristics such as location, size and condition.
Explore the wider market
Compare this scheme with the relevant district and property-type market.
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Compare asking prices with the transaction benchmark.
View matching listings →Frequently asked questions
What is the main takeaway from this QUAY WEST RESIDENCE market snapshot?
The data shows that the Condominium/Apartment category and the QUAY WEST RESIDENCE scheme are the principal components of the residential dataset in the scope; use this as a reference when comparing similar properties.
How should buyers interpret transaction benchmarks without assuming future price movements?
They reflect historical activity and price positions within the scheme and submarket and should be used as a reference rather than a forecast of future outcomes.
Why compare property types separately?
Because different property categories have distinct market dynamics, cross category comparisons can mislead interpretations of activity and price positioning.
Summary
Overall, readers are encouraged to compare property types in isolation and use transaction benchmarks to inform understanding of price positioning and activity, avoiding assumptions about future performance.
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Methodology
Median transaction price for the selected market scope.
Floor PSF is the median of valid transaction-level floor PSF values using main floor area, not median price divided by median floor area.
Unavailable measurements are not estimated or inferred.
Floor PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.