Penang
Timur Laut
18
MONT RESIDENCE

MONT RESIDENCE

Area Intelligence

2021

Median Price

RM 850,000

PSF: RM 716

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Residential PSF Trends

Median Price

RM 850,000

PSF: RM 716

MONT RESIDENCE in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 850K and a median price per square foot (PSF) of RM 716.

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 850K, with most transactions falling within a stable range of RM 750K to RM 950K, and a typical market range of RM 750K to RM 950K.

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

The median PSF stands at RM 716, with core pricing between RM 628 and RM 803. Market pricing typically extends from RM 632.00 to RM 799.00, reflecting moderate variation in unit pricing. With an IQR of RM 167.00 and MAD of RM 88, 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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