Mutiara Perdana Ii
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 6
|
RM 200,000
|
RM 379
|
527 sqft
|
|
|
|
Level 5
|
RM 200,000
|
RM 379
|
527 sqft
|
|
|
|
Level 10
|
RM 180,000
|
RM 341
|
527 sqft
|
|
|
|
Level 4
|
RM 170,000
|
RM 320
|
532 sqft
|
|
|
|
Level 8
|
RM 200,000
|
RM 379
|
527 sqft
|
|
|
|
Level 12
|
RM 190,000
|
RM 360
|
527 sqft
|
|
|
|
Level 4
|
RM 175,000
|
RM 332
|
527 sqft
|
|
|
|
Level 7
|
RM 200,000
|
RM 379
|
527 sqft
|
|
|
Persiaran Kelicap 1
|
RM 690,000
|
RM 406
|
1,701 sqft
|
|
|
|
Persiaran Kelicap 3
|
RM 750,000
|
RM 441
|
1,701 sqft
|
|
|
|
Persiaran Kelicap 1
|
RM 1,060,000
|
RM 623
|
1,701 sqft
|
|
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Market Snapshot
ResidentialRM 200,000
RM 379 psfMedian transaction price
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
MapsMutiara Perdana Ii in Barat Daya, Penang recorded 11 subsale transactions in 2023, 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 499K, and a typical market range of RM 180K to RM 220K.
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 300 to RM 458 in the core range. The broader market spans RM 343.58 to RM 414.83, indicating diverse property characteristics. The spread of RM 71.25 (IQR) and deviation of RM 79 (MAD) suggest moderate price variations reflecting different property features.
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.