Mount Pleasure
11100 Batu Ferringhi, Penang, Malaysia
11100 Batu Ferringhi, Penang, Malaysia
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Market Snapshot
ResidentialRM 421,500
RM 393 psfMedian transaction price
Mount Pleasure, 11100 Batu Ferringhi, Penang, Malaysia
MapsMount Pleasure in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 422K and a median price per square foot (PSF) of RM 393.
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 422K, with most transactions falling within a stable range of RM 325K to RM 518K, and a typical market range of RM 347K to RM 496K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 393, though individual units vary from RM 315 to RM 472 in the core range. The broader market spans RM 341.29 to RM 445.04, indicating diverse property characteristics. The spread of RM 103.75 (IQR) and deviation of RM 79 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.