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QUEENS RESIDENCES Q1 @ QUEENS WATERFRONT Transaction Price & PSF

QUEENS RESIDENCES Q1 @ QUEENS WATERFRONT · Condominium/Apartment · Barat Daya · Pulau Pinang · Data through September 2024

Median price
RM1,080,000
Median Floor PSF
Not available0.0% usable coverage · 0 of 51 transactions
Transactions
51
Data period
September 2024From April 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

Exploring the residential market within the Queens Waterfront development, this PropMedian analysis explains how buyers can interpret the scheme data without making unsupported claims.

Market overview

Within the residential segment under review, activity is concentrated in the condominium/apartment category for Barat Daya, Pulau Pinang. The dominant scheme in this scope is the Queens Waterfront development, indicating a clear focus area for transactions. The observed pattern shows fluctuations in activity over the covered period rather than a simple upward or downward trend. The data also suggests a price spread across captured units, with a meaningful share near the middle range.

How to interpret this market

Transaction benchmarks can serve as a reference point to compare properties and understand broader market patterns. When evaluating a property, consider how features such as size, layout, condition and exact location relate to the benchmark, while recognizing that an single property may differ from the average or typical example.

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Frequently asked questions

Which property type category is represented in the residential dataset for this market?

Condominium/Apartment is the category shown in the dataset for the residential segment.

How should readers interpret transaction benchmarks given that individual properties may differ?

Use benchmarks as a reference guide rather than a predictor; individual features can affect the value.

What is the scope of the data in this snapshot?

The data covers the specified scheme within Barat Daya, Pulau Pinang, and spans multiple years up to the most recent period available in the dataset.

Summary

Readers should compare property types separately and use transaction benchmarks as a neutral reference to inform decision making, rather than relying on the data as a forecast.

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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%.

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