MONT RESIDENCE

Area Intelligence
2024
Median Price
RM 794,000
PSF: RM 727

Residential PSF Trends

Median Price

RM 794,000

PSF: RM 727

MONT RESIDENCE in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM 794K and a median price per square foot (PSF) of RM 727.

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 794K, with most transactions falling within a stable range of RM 750K to RM 877K, and a typical market range of RM 750K to RM 921K.

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

For price per square foot, the median is RM 727, with most transactions between RM 681 and RM 773. The usual range is RM 643.50 to RM 810.50, showing that most units are priced quite close to each other. With an IQR of RM 167.00 and MAD of RM 46, 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

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Transactions

6 transactions grouped by size

900 sqft
Condo/Apartment
RM 750,000
Level 12
904 sqft · RM 829 PSF
1,200 sqft
Condo/Apartment
RM 1,000,000
Level 30
1,195 sqft · RM 837 PSF
RM 950,000
Level 37
1,195 sqft · RM 795 PSF
RM 838,000
Level 24
1,195 sqft · RM 701 PSF
RM 950,000
Level 18
1,195 sqft · RM 795 PSF
RM 900,000
Level 35
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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