MUTIARA PERDANA II

MUTIARA PERDANA II in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 379.

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 200K, with most transactions falling within a stable range of RM 170K to RM 505K, and a typical market range of RM 188K to RM 212K.

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

Price per square foot shows a median of RM 379, though individual units vary from RM 280 to RM 478 in the core range. The broader market spans RM 358.88 to RM 399.13, indicating diverse property characteristics. A wider spread (IQR: RM 40.25) and deviation (MAD: RM 99) indicate significant PSF variations, likely due to diverse property types or conditions.

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.