Penang
Barat Daya
11
MONT TIERRA RESIDENCES

MONT TIERRA RESIDENCES

Area Intelligence

2023

Median Price

RM 882,500

PSF: RM 619

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Residential PSF Trends

Median Price

RM 882,500

PSF: RM 619

MONT TIERRA RESIDENCES in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 883K and a median price per square foot (PSF) of RM 619.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 883K, with most transactions falling within a stable range of RM 844K to RM 900K, and a typical market range of RM 865K to RM 900K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 619, with most transactions between RM 595 and RM 643. The usual range is RM 606.50 to RM 631.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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MONT TIERRA RESIDENCES, Barat Daya, Penang

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Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

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Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 885,000

LEBUH Kampung BUKIT 1

1,400 sqft · RM 632 PSF

Sep 2023

RM 800,000

LEBUH Kampung BUKIT 2

1,399 sqft · RM 572 PSF

Jul 2023

RM 880,000

LEBUH Kampung BUKIT 3

1,400 sqft · RM 628 PSF

May 2023

LEBUH Kampung BUKIT 1	RM 885,000	RM 632	1,400 sqft	Sep 2023
LEBUH Kampung BUKIT 2	RM 800,000	RM 572	1,399 sqft	Jul 2023
LEBUH Kampung BUKIT 3	RM 880,000	RM 628	1,400 sqft	May 2023