MUTIARA PERDANA in Barat Daya, Penang recorded 26 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 327.
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 180K, with most transactions falling within a stable range of RM 110K to RM 250K, and a typical market range of RM 102K to RM 258K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 327, with core pricing between RM 286 and RM 368. Market pricing typically extends from RM 286.50 to RM 367.50, reflecting moderate variation in unit pricing. With an IQR of RM 81.00 and MAD of RM 41, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
