Area Intelligence

MUTIARA PERDANA II

7 properties
Double Storey Terraced
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Median Price
RM 820,000
PSF: RM 505

Residential Market

Median Price

RM 820,000

IQR: RM 40
MAD: RM 19
RM 505 PSF 4.5%

PSF Trends (2021-2025)

MUTIARA PERDANA II in Barat Daya, Penang recorded 7 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 820K and a median price per square foot (PSF) of RM 505.

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 820K, with most transactions falling within a stable range of RM 690K to RM 988K, and a typical market range of RM 808K to RM 832K.

Within the Double Storey Terraced category, low-cost flat dominated the market, though some variety exists in the market.

The median PSF stands at RM 505, with core pricing between RM 433 and RM 577. Market pricing typically extends from RM 484.88 to RM 525.13, reflecting moderate variation in unit pricing. With an IQR of RM 40.25 and MAD of RM 72, the PSF demonstrates reasonable consistency across the market.

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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MUTIARA PERDANA II, Barat Daya, Penang

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Transactions

7 properties grouped by size

1,350 sqft
1 units Double Storey Terraced
RM 690,000
PERSIARAN KELICAP 1
1,367 sqft · RM 505.00 PSF
Oct 2023
1,400 sqft
1 units Double Storey Terraced
RM 820,000
PERSIARAN KELICAP 3
1,400 sqft · RM 586.00 PSF
May 2024
1,450 sqft
1 units Double Storey Terraced
RM 750,000
PERSIARAN KELICAP 3
1,432 sqft · RM 524.00 PSF
Oct 2023
1,600 sqft
1 units Double Storey Terraced
RM 850,000
PERSIARAN KELICAP 1
1,593 sqft · RM 534.00 PSF
Jul 2024
1,650 sqft
1 units Double Storey Terraced
RM 720,000
PERSIARAN KELICAP 3
1,636 sqft · RM 440.00 PSF
Nov 2022
2,800 sqft
1 units Double Storey Terraced
RM 1,060,000
PERSIARAN KELICAP 1
2,799 sqft · RM 379.00 PSF
Jun 2023
2,950 sqft
1 units Double Storey Terraced
RM 1,170,000
PERSIARAN KELICAP 1
2,971 sqft · RM 394.00 PSF
Oct 2022