Penang
Timur Laut
18
MONT RESIDENCE

MONT RESIDENCE

Area Intelligence

2021

Median Price

RM 722,500

PSF: RM 744

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Residential PSF Trends

Median Price

RM 722,500

PSF: RM 744

MONT RESIDENCE in Timur Laut, Penang recorded 2 subsale transactions in 2021, priced between RM 300K and RM 750K, with a median price of RM 723K and a median price per square foot (PSF) of RM 744.

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 723K, with most transactions falling within a stable range of RM 695K to RM 750K, and a typical market range of RM 695K to RM 750K.

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

The median PSF stands at RM 744, with core pricing between RM 628 and RM 861. Market pricing typically extends from RM 660.82 to RM 827.82, reflecting moderate variation in unit pricing. The spread of RM 167.00 (IQR) and deviation of RM 117 (MAD) suggest moderate price variations reflecting different property features.

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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