MONT RESIDENCE

Area Intelligence
2023
Median Price
RM 765,000
PSF: RM 753

Residential PSF Trends

Median Price

RM 765,000

PSF: RM 753

MONT RESIDENCE in Timur Laut, Penang recorded 16 subsale transactions in 2023, with a median price of RM 765K 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 765K, with most transactions falling within a stable range of RM 714K to RM 750K, and a typical market range of RM 638K 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 640 and RM 866. 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 113, 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

16 transactions grouped by size

800 sqft
Condo/Apartment
RM 660,000
Level 8
807 sqft · RM 818 PSF
900 sqft
Condo/Apartment
RM 750,000
Level 13
904 sqft · RM 829 PSF
RM 600,000
Level 12
904 sqft · RM 664 PSF
RM 620,000
Level 13
904 sqft · RM 686 PSF
RM 740,000
Level 11
904 sqft · RM 818 PSF
1,200 sqft
Condo/Apartment
RM 680,000
Level 33
1,195 sqft · RM 569 PSF
RM 950,000
Level 36
1,195 sqft · RM 795 PSF
RM 950,000
Level 36
1,195 sqft · RM 795 PSF
RM 700,000
Level 27
1,195 sqft · RM 586 PSF
RM 950,000
Level 38
1,195 sqft · RM 795 PSF
RM 640,000
Level 31
1,195 sqft · RM 536 PSF

No Properties For Sale

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

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