MUTIARA PERDANA II

MUTIARA PERDANA II in Barat Daya, Penang recorded 32 subsale transactions between 2021 and 2025, with a median price of RM 190K and a median price per square foot (PSF) of RM 360.

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 190K, with most transactions falling within a stable range of RM 178K to RM 203K, and a typical market range of RM 178K to RM 202K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 360, with most transactions between RM 341 and RM 379. The usual range is RM 339.88 to RM 380.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.25 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.