MONT RESIDENCE

Area Intelligence
2023
Median Price
RM 660,000
PSF: RM 818

Residential PSF Trends

Median Price

RM 660,000

PSF: RM 818

MONT RESIDENCE in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 660K and a median price per square foot (PSF) of RM 818.

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 660K, with most transactions falling within a stable range of RM 600K to RM 721K, and a typical market range of RM 600K to RM 750K.

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

For price per square foot, the median is RM 818, with most transactions between RM 746 and RM 890. The usual range is RM 734.50 to RM 901.50, showing that most units are priced quite close to each other. With an IQR of RM 167.00 and MAD of RM 72, 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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Transactions

5 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

No Properties For Sale

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

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