Penang
Timur Laut
18
MONT RESIDENCE

MONT RESIDENCE

Area Intelligence

2023

Median Price

RM 900,000

PSF: RM 753

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Residential PSF Trends

Median Price

RM 900,000

PSF: RM 753

MONT RESIDENCE in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 900K 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 900K, with most transactions falling within a stable range of RM 784K to RM 950K, and a typical market range of RM 773K to RM 950K.

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

The median PSF stands at RM 753, with core pricing between RM 656 and RM 850. 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 97, 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

11 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Condo/Apartment

1,200 sqft

Condo/Apartment

RM 680,000

Level 33

1,195 sqft · RM 569 PSF

Dec 2023

RM 950,000

Level 36

1,195 sqft · RM 795 PSF

Dec 2023

RM 950,000

Level 36

1,195 sqft · RM 795 PSF

Nov 2023

RM 700,000

Level 27

1,195 sqft · RM 586 PSF

Aug 2023

RM 950,000

Level 38

1,195 sqft · RM 795 PSF

Aug 2023

RM 640,000

Level 31

1,195 sqft · RM 536 PSF

Jul 2023

Level 33	RM 680,000	RM 569	1,195 sqft	Dec 2023
Level 36	RM 950,000	RM 795	1,195 sqft	Dec 2023
Level 36	RM 950,000	RM 795	1,195 sqft	Nov 2023
Level 27	RM 700,000	RM 586	1,195 sqft	Aug 2023
Level 38	RM 950,000	RM 795	1,195 sqft	Aug 2023
Level 31	RM 640,000	RM 536	1,195 sqft	Jul 2023