MONT RESIDENCE

MONT RESIDENCE in Timur Laut, Penang recorded 42 subsale transactions between 2021 and 2025, with a median price of RM 765K and a median price per square foot (PSF) of RM 753.

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 765K, with most transactions falling within a stable range of RM 630K to RM 900K, and a typical market range of RM 638K to RM 892K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 753, with most transactions between RM 682 and RM 825. The usual range is RM 669.50 to RM 836.50, showing that most units are priced quite close to each other. With an IQR of RM 167.00 and MAD of RM 72, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.