MUTIARA PERDANA II

MUTIARA PERDANA II in Barat Daya, Penang recorded 25 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 341.

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 167K to RM 193K, and a typical market range of RM 168K to RM 192K.

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

For price per square foot, the median is RM 341, with most transactions between RM 317 and RM 365. The usual range is RM 320.88 to RM 361.13, 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 24 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.