MOUNT EVERGREEN Property Investment Analysis

Tanjung Bungah, Timur Laut, Penang

Median Price
RM 465,000
CAGR
-1.4%
Median PSF
RM 536.00
CAGR
-1.0%
Transactions
7
Period
2021-2024

MOUNT EVERGREEN in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 465K and a median price per square foot (PSF) of RM 536.

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 465K, with most transactions falling within a stable range of RM 428K to RM 502K, and a typical market range of RM 410K to RM 524K.

Most transactions involved town house, with minimal variety in property types.

The median PSF stands at RM 536, with core pricing between RM 457 and RM 615. Market pricing typically extends from RM 454.50 to RM 617.50, reflecting moderate variation in unit pricing. With an IQR of RM 163.00 and MAD of RM 79, 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.

ADVANCED FILTERS

TRANSACTIONS

7 found
Town House
RM 410,000
PSF: RM 443.00
Area: 926 sqft
Date: Aug 2024
Town House
RM 650,000
PSF: RM 694.00
Area: 936 sqft
Date: Jun 2023
Town House
RM 650,000
PSF: RM 694.00
Area: 936 sqft
Date: Jun 2023
Town House
RM 465,000
PSF: RM 554.00
Area: 840 sqft
Date: May 2023
Town House
RM 465,000
PSF: RM 465.00
Area: 1,001 sqft
Date: Jan 2023
Town House
RM 450,000
PSF: RM 536.00
Area: 840 sqft
Date: May 2022
Town House
RM 428,000
PSF: RM 457.00
Area: 936 sqft
Date: Dec 2021