MUTIARA PERDANA

Area Intelligence
2023
Median Price
RM 240,000
PSF: RM 341

Residential PSF Trends

Median Price

RM 240,000

PSF: RM 341

Commercial PSF Trends

Median Price

RM 280,000

RM 565 PSF

MUTIARA PERDANA in Barat Daya, Penang recorded 20 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 341.

This area contains both residential and commercial properties. View 64 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 240K, with most transactions falling within a stable range of RM 188K to RM 292K, and a typical market range of RM 170K to RM 300K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

For price per square foot, the median is RM 341, with most transactions between RM 310 and RM 372. The usual range is RM 300.50 to RM 381.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 31, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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MUTIARA PERDANA, Barat Daya, Penang

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Transactions

15 transactions grouped by size

550 sqft
RM 170,000
Level 4
527 sqft · RM 322 PSF
RM 180,000
Level 10
527 sqft · RM 341 PSF
RM 180,000
Level 11
538 sqft · RM 334 PSF
RM 180,000
Level 2
527 sqft · RM 341 PSF
RM 185,000
Level 12
538 sqft · RM 344 PSF
RM 170,000
Level 7
527 sqft · RM 322 PSF
800 sqft
Flat
RM 295,000
Level 3
807 sqft · RM 365 PSF
RM 298,000
Level 3
775 sqft · RM 385 PSF
950 sqft
Flat
RM 300,000
Level 4
958 sqft · RM 313 PSF
RM 288,000
Level 2
958 sqft · RM 301 PSF
1,000 sqft
Flat
RM 270,000
Level 4
990 sqft · RM 273 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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