MONT RESIDENCE

Area Intelligence
2023
Median Price
RM 765,000
PSF: RM 753

Residential PSF Trends

Median Price

RM 765,000

PSF: RM 753

MONT RESIDENCE in Timur Laut, Penang recorded 16 subsale transactions in 2023, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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MONT RESIDENCE, Timur Laut, Penang

OSM

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Transactions

9 transactions grouped by size

900 sqft
Condo/Apartment
RM 750,000
Level 13
904 sqft · RM 829 PSF
1,200 sqft
Condo/Apartment
RM 950,000
Level 36
1,195 sqft · RM 795 PSF
RM 950,000
Level 36
1,195 sqft · RM 795 PSF
RM 950,000
Level 38
1,195 sqft · RM 795 PSF
RM 900,000
Level 36
1,195 sqft · RM 753 PSF
RM 780,000
Level 32
1,195 sqft · RM 653 PSF
RM 900,000
Level 22
1,195 sqft · RM 753 PSF
RM 950,000
Level 33
1,195 sqft · RM 795 PSF
RM 900,000
Level 37
1,195 sqft · RM 753 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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