BandingHouse

Quayside Condo (Seri Tanjung Pinang)

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Quayside Condo (Seri Tanjung Pinang) have sold for a median of

RM1,550,000

RM1039 psf on the recorded floor area

RM1,252,500median RM1,550,000RM2,325,000

Half of the 122 recorded sales fell between RM1,252,500 and RM2,325,000. One in ten went under RM1,023,000, one in ten over RM3,198,000. Sales run from 29 March 2021 to 23 October 2024.

Down 16% from a RM1,895,000 median in 2021 to RM1,600,000 in 2024.

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

YearMedian soldPer sq ftSales
2021RM1,895,000RM1053 psf18
2022RM1,750,000RM985 psf39
2023RM1,296,750RM1052 psf40
2024RM1,600,000RM1075 psf25

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, Quayside Condo (Seri Tanjung Pinang) sits 148 of 154 in that set.

141 cheaper schemes above

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Quayside Condo (Seri Tanjung Pinang)’s own median is RM1,550,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM1,550,000 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%): RM155,000
  • Transfer duty (MOT): RM46,000
  • Loan duty (0.5%): RM6,975
  • Total cash: RM207,975

Monthly carry

  • Instalment (35y @ 4.00%): RM6,177
  • Total monthly: RM6,177

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Quayside Condo (Seri Tanjung Pinang) sold for?
A median of RM1,550,000 (RM1039 psf), from 122 land-office transactions between 29 March 2021 and 23 October 2024.
What is a typical band here?
Half of recorded sales fell between RM1,252,500 and RM2,325,000. One in ten went under RM1,023,000; one in ten over RM3,198,000.
Has the median moved?
From RM1,895,000 in 2021 to RM1,600,000 in 2024 (-16%), using only years with five or more sales.

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.