Marina Bay
Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold
Homes in Marina Bay have sold for a median of
RM570,000
RM465 psf on the recorded floor area
Half of the 23 recorded sales fell between RM545,000 and RM750,000. One in ten went under RM488,000, one in ten over RM821,400. Sales run from 10 November 2021 to 5 November 2025.
Up 4% from a RM560,000 median in 2023 to RM585,000 in 2025.
On mudah.my right now — 23 ads naming Marina Bay
Sellers are asking a median of
RM475 psf
That is +2% above the RM465 psf buyers actually paid here across all recorded sales. Same scheme, same kind of home, same floor-area basis.
Ads asking between RM581,500 and RM810,000 make up the middle half. An ad may still describe a renovated, larger or worse unit than the sales it is compared to, and mudah.my skews to owner and urgent sales — a figure a few percent under the record is common there.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM550,000 | RM487 psf | 1 |
| 2022 | RM635,000 | RM466 psf | 3 |
| 2023 | RM560,000 | RM439 psf | 8 |
| 2024 | RM680,000 | RM485 psf | 6 |
| 2025 | RM585,000 | RM445 psf | 5 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Marina Bay sits 113 of 154 in that set.
106 cheaper schemes above
35 dearer schemes below
Against Penang
Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Marina Bay’s own median is RM570,000 — higher than that state median. Full Penang table.
Cash and monthly on the RM570,000 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM57,000
- Transfer duty (MOT): RM11,100
- Loan duty (0.5%): RM2,565
- Total cash: RM70,665
Monthly carry
- Instalment (35y @ 4.00%): RM2,271
- Total monthly: RM2,271
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Marina Bay sold for?
- A median of RM570,000 (RM465 psf), from 23 land-office transactions between 10 November 2021 and 5 November 2025.
- What is a typical band here?
- Half of recorded sales fell between RM545,000 and RM750,000. One in ten went under RM488,000; one in ten over RM821,400.
- Has the median moved?
- From RM560,000 in 2023 to RM585,000 in 2025 (+4%), using only years with five or more sales.
- How do live ads compare?
- Ads naming Marina Bay ask a median of RM475 psf — +2% versus the RM465 psf buyers paid here. Same scheme match; not a mark-up on every listing.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.