Mutiara Perdana Ii
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 12
|
RM 180,000
|
RM 341
|
527 sqft
|
|
LC Flat |
|
Level 2
|
RM 175,000
|
RM 332
|
527 sqft
|
|
LC Flat |
|
Level 14
|
RM 160,000
|
RM 303
|
527 sqft
|
|
LC Flat |
|
Level 5
|
RM 175,000
|
RM 329
|
532 sqft
|
|
LC Flat |
|
Level 4
|
RM 180,000
|
RM 341
|
527 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 175,000
RM 332 psfMedian transaction price
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
MapsMutiara Perdana Ii in Barat Daya, Penang recorded 5 subsale transactions in 2021, with a median price of RM 175K and a median price per square foot (PSF) of RM 332.
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 175K, with most transactions falling within a stable range of RM 168K to RM 180K, and a typical market range of RM 160K to RM 180K.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 332, with most transactions between RM 318 and RM 346. The usual range is RM 296.18 to RM 367.43, showing that most units are priced quite close to each other. With an IQR of RM 71.25 and MAD of RM 14, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.