MOUNT PLEASURE

MOUNT PLEASURE in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 338K and a median price per square foot (PSF) of RM 345.

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 338K, with most transactions falling within a stable range of RM 300K to RM 386K, and a typical market range of RM 300K to RM 394K.

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

The median PSF stands at RM 345, with core pricing between RM 298 and RM 392. Market pricing typically extends from RM 295.13 to RM 394.88, reflecting moderate variation in unit pricing. With an IQR of RM 99.75 and MAD of RM 47, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.