Richmont Residences in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM1.10 million and a median price per square foot (PSF) of RM482.

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 RM1.10 million, with most transactions falling within a stable range of RM1.00 million to RM1.20 million, and a typical market range of RM1.04 million to RM1.16 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM482, with core pricing between RM392 and RM572. Market pricing typically extends from RM426.04 to RM538.04, reflecting moderate variation in unit pricing. The spread of RM112.00 (IQR) and deviation of RM90 (MAD) suggest moderate price variations reflecting different property features.

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.