MONT RESIDENCE

Area Intelligence
2021
Median Price
RM 695,000
PSF: RM 861

Residential PSF Trends

Median Price

RM 695,000

PSF: RM 861

MONT RESIDENCE in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 695K and a median price per square foot (PSF) of RM 861.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 861, with most transactions between RM 861 and RM 861. The usual range is RM 777.50 to RM 944.50, showing that most units are priced quite close to each other. With an IQR of RM 167.00 and MAD of RM 0, 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. 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 RESIDENCE, Timur Laut, Penang

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