PropMedian Data Research

MONT RESIDENCE Transaction Price & PSF

MONT RESIDENCE Condominium/Apartment Residential Property Market | residential | Data through January 2026

Transactions
43
Property types
1
Data period
September 2021 - January 2026

This targeted market snapshot reviews the residential segment for MONT RESIDENCE, with emphasis on how to interpret the accompanying transaction data and benchmarks for condo units in Pulau Pinang.

Market overview

Within the Timur Laut district, the Condominium/Apartment segment under the MONT RESIDENCE scheme emerges as the central focus of activity in the available data. The profile shows that this scheme accounts for the bulk of transactions in the district and most of the activity within the residential category captured in this dataset. The data also hints at fluctuations across years, reinforcing the need to assess benchmarks within the same property type and scheme rather than mixing categories.

Property type benchmarks

The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.

Condominium/Apartment

Transactions
43
Median price
RM780,000
Median parcel area
1,195 sqft
Median parcel PSF
RM753.27 psf
Parcel PSF coverage
76.7%

This residential category is the focus within the scope of the data. The information indicates that this category dominates the activity within the selected scheme and district, providing a context for interpreting scheme-level benchmarks without assuming outcomes for individual properties.

How to interpret this market

Readers can use transaction benchmarks as a contextual guide, noting that a single property can differ from the broader pattern. When using benchmarks, compare within the same property type and the same scheme, rather than mixing different property categories or districts.

Explore the underlying market

View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.

View Timur Laut property data

Frequently asked questions

What is a transaction benchmark and how should I use it?

Transaction benchmarks provide a contextual reference drawn from the scheme and property-type activity. Use them to gauge where a property sits relative to the observed market, not as a promise of future price movement or investment outcome.

Can I compare prices across different property types?

No. The data shows that different property categories should be compared separately to maintain a meaningful frame of reference.

Where should I focus my analysis in this market?

Focus on the residential Condominium/Apartment category within the MONT RESIDENCE scheme in Timur Laut, while keeping in mind that benchmarks are scheme and type specific.

Summary

To use the data effectively, compare property types separately and rely on transaction benchmarks within the relevant scheme and district, avoiding assumptions about future movements or guarantees.

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Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

MONT RESIDENCE Price & PSF | PropMedian