Mutiara Perdana Ii
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 180,000
|
RM 341
|
527 sqft
|
|
|
|
Level 14
|
RM 200,000
|
RM 379
|
527 sqft
|
|
|
|
Level 9
|
RM 200,000
|
RM 379
|
527 sqft
|
|
|
|
Level 3
|
RM 170,000
|
RM 322
|
527 sqft
|
|
|
|
Level 11
|
RM 180,000
|
RM 341
|
527 sqft
|
|
|
|
Level 6
|
RM 170,000
|
RM 322
|
527 sqft
|
|
|
|
Level 15
|
RM 190,000
|
RM 360
|
527 sqft
|
|
|
|
Level 12
|
RM 180,000
|
RM 341
|
527 sqft
|
|
|
Persiaran Kelicap 3
|
RM 720,000
|
RM 423
|
1,701 sqft
|
|
|
|
Persiaran Kelicap 1
|
RM 1,170,000
|
RM 688
|
1,701 sqft
|
|
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Market Snapshot
ResidentialRM 185,000
RM 351 psfMedian transaction price
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
MapsMutiara Perdana Ii in Barat Daya, Penang recorded 10 subsale transactions in 2022, with a median price of RM 185K and a median price per square foot (PSF) of RM 351.
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 185K, with most transactions falling within a stable range of RM 170K to RM 506K, and a typical market range of RM 170K to RM 205K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 351, though individual units vary from RM 247 to RM 454 in the core range. The broader market spans RM 315.14 to RM 386.39, indicating diverse property characteristics. A wider spread (IQR: RM 71.25) and deviation (MAD: RM 104) 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.