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 785K to RM 750K, and a typical market range of RM 698K to RM 750K.

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

The median PSF stands at RM 753, with core pricing between RM 645 and RM 861. Market pricing typically extends from RM 669.50 to RM 836.50, reflecting moderate variation in unit pricing. With an IQR of RM 167.00 and MAD of RM 108, 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

4 transactions grouped by size

900 sqft
Condo/Apartment
RM 750,000
Level 14
904 sqft · RM 829 PSF
1,200 sqft
Condo/Apartment
RM 655,000
Level 16
1,195 sqft · RM 548 PSF
RM 700,000
Level 21
1,195 sqft · RM 586 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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