MONT RESIDENCE

Area Intelligence
2022
Median Price
RM 825,000
PSF: RM 753

Residential PSF Trends

Median Price

RM 825,000

PSF: RM 753

MONT RESIDENCE in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 825K 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 825K, with most transactions falling within a stable range of RM 750K to RM 904K, and a typical market range of RM 750K to RM 950K.

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 691 and RM 815. 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 62, 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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Transactions

6 transactions grouped by size

900 sqft
Condo/Apartment
RM 750,000
Level 14
904 sqft · RM 829 PSF
1,200 sqft
Condo/Apartment
RM 900,000
Level 24
1,195 sqft · RM 753 PSF
RM 900,000
Level 17
1,195 sqft · RM 753 PSF
RM 900,000
Level 22
1,195 sqft · RM 753 PSF
RM 950,000
Level 37
1,195 sqft · RM 795 PSF
RM 750,000
Level 33
1,195 sqft · RM 628 PSF

No Properties For Sale

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

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