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 699K to RM 750K, and a typical market range of RM 667K to RM 750K.

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

The median PSF stands at RM 727, with core pricing between RM 611 and RM 843. Market pricing typically extends from RM 643.50 to RM 810.50, reflecting moderate variation in unit pricing. The spread of RM 167.00 (IQR) and deviation of RM 116 (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. 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

5 transactions grouped by size

800 sqft
Condo/Apartment
RM 490,000
Level 9
807 sqft · RM 607 PSF
900 sqft
Condo/Apartment
RM 750,000
Level 12
904 sqft · RM 829 PSF
1,000 sqft
Condo/Apartment
RM 590,000
Level 9
1,001 sqft · RM 589 PSF
1,200 sqft
Condo/Apartment
RM 705,000
Level 17
1,195 sqft · RM 590 PSF
RM 567,000
Level 25
1,195 sqft · RM 475 PSF

No Properties For Sale

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

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