Penang
Timur Laut
Tanjung Bungah
MOUNT EVERGREEN

MOUNT EVERGREEN

Area Intelligence

2023

Median Price

RM 650,000

PSF: RM 694

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Residential PSF Trends

Median Price

RM 650,000

PSF: RM 694

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 563K to RM 650K, and a typical market range of RM 591K to RM 650K.

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

For price per square foot, the median is RM 694, with most transactions between RM 628 and RM 760. The usual range is RM 612.50 to RM 775.50, showing that most units are priced quite close to each other. With an IQR of RM 163.00 and MAD of RM 66, 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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MOUNT EVERGREEN, Timur Laut, Penang

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