MOUNT EVERGREEN

MOUNT EVERGREEN in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 694.

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 650K, with most transactions falling within a stable range of RM 613K to RM 687K, and a typical market range of RM 591K to RM 709K.

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

The median PSF stands at RM 694, with core pricing between RM 615 and RM 773. Market pricing typically extends from RM 612.50 to RM 775.50, 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.