Penang
Timur Laut
18
MONT RESIDENCE

MONT RESIDENCE

Area Intelligence

2024

Median Price

RM 620,000

PSF: RM 718

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Residential PSF Trends

Median Price

RM 620,000

PSF: RM 718

MONT RESIDENCE in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 620K and a median price per square foot (PSF) of RM 718.

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 718, with most transactions between RM 718 and RM 718. The usual range is RM 634.50 to RM 801.50, 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. 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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