Area Intelligence

DESA MUTIARA INDAH

3 properties
Low-Cost Flat
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Median Price
RM 180,000
PSF: RM 343

Residential Market

Median Price

RM 180,000

IQR: RM 14
MAD: RM 7
RM 343 PSF 0.5%

PSF Trends (2021-2025)

DESA MUTIARA INDAH in Barat Daya, Penang recorded 3 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 180K and a median price per square foot (PSF) of RM 343.

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 180K, with most transactions falling within a stable range of RM 163K to RM 213K, and a typical market range of RM 170K to RM 190K.

Within the Low-Cost Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 343, with most transactions between RM 329 and RM 357. The usual range is RM 336.00 to RM 350.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

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.

Area Location

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DESA MUTIARA INDAH, Barat Daya, Penang

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Transactions

3 properties grouped by size

500 sqft
2 units Low-Cost Flat
RM 163,000
495 sqft · RM 329.00 PSF
Jun 2023
RM 180,000
495 sqft · RM 364.00 PSF
Dec 2022
700 sqft
1 units Low-Cost Flat
RM 240,000
700 sqft · RM 343.00 PSF
Nov 2024