MOUNT EVERGREEN

MOUNT EVERGREEN in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 428K and a median price per square foot (PSF) of RM 457.

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 428K, with most transactions falling within a stable range of RM 391K to RM 465K, and a typical market range of RM 369K to RM 487K.

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

The median PSF stands at RM 457, with core pricing between RM 378 and RM 536. Market pricing typically extends from RM 375.50 to RM 538.50, reflecting moderate variation in unit pricing. The spread of RM 163.00 (IQR) and deviation of RM 79 (MAD) suggest moderate price variations reflecting different property features.

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.