Area Intelligence

MOUNT PLEASURE

17 properties
2022
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Median Price
RM 460,000
PSF: RM 436

Residential Market

Median Price

RM 460,000

IQR: RM 100
MAD: RM 47
RM 436 PSF 4.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MOUNT PLEASURE in Timur Laut, Penang recorded 17 subsale transactions in 2022, with a median price of RM 460K and a median price per square foot (PSF) of RM 436.

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 460K, with most transactions falling within a stable range of RM 350K to RM 792K, and a typical market range of RM 403K to RM 517K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 436, with core pricing between RM 367 and RM 505. Market pricing typically extends from RM 386.13 to RM 485.88, reflecting moderate variation in unit pricing. The spread of RM 99.75 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MOUNT PLEASURE, Timur Laut, Penang

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Transactions

17 properties grouped by size

950 sqft
5 units Condo/Apartment
RM 500,000
969 sqft · RM 516.00 PSF
Nov 2022
RM 455,000
969 sqft · RM 470.00 PSF
Oct 2022
RM 460,000
969 sqft · RM 475.00 PSF
Aug 2022
RM 530,000
969 sqft · RM 547.00 PSF
May 2022
RM 488,000
969 sqft · RM 504.00 PSF
May 2022
1,050 sqft
6 units Condo/Apartment
RM 350,000
1,033 sqft · RM 339.00 PSF
May 2022
RM 380,000
1,044 sqft · RM 364.00 PSF
May 2022
RM 460,000
1,055 sqft · RM 436.00 PSF
May 2022
RM 420,000
1,044 sqft · RM 402.00 PSF
Apr 2022
RM 400,000
1,044 sqft · RM 383.00 PSF
Apr 2022
RM 410,000
1,044 sqft · RM 393.00 PSF
Feb 2022
1,100 sqft
1 units Condo/Apartment
RM 400,000
1,076 sqft · RM 372.00 PSF
Oct 2022
1,350 sqft
1 units Condo/Apartment
RM 740,000
1,345 sqft · RM 550.00 PSF
Aug 2022
1,450 sqft
1 units Condo/Apartment
RM 550,000
1,442 sqft · RM 381.00 PSF
Sep 2022
2,000 sqft
1 units Condo/Apartment
RM 880,000
2,013 sqft · RM 437.00 PSF
Mar 2022
2,200 sqft
1 units Double Storey Terraced
RM 1,200,000
JALAN BUKIT RIA
2,185 sqft · RM 549.00 PSF
Apr 2022
4,050 sqft
1 units Double Storey Terraced
RM 1,630,000
CANGKAT RIA
4,069 sqft · RM 401.00 PSF
Dec 2022