MUTIARA PERDANA

Area Intelligence
2024
Median Price
RM 335,000
PSF: RM 394

Residential PSF Trends

Median Price

RM 335,000

PSF: RM 394

Commercial PSF Trends

Median Price

RM 280,000

RM 565 PSF

MUTIARA PERDANA in Barat Daya, Penang recorded 12 subsale transactions in 2024, with a median price of RM 335K and a median price per square foot (PSF) of RM 394.

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 335K, with most transactions falling within a stable range of RM 265K to RM 405K, and a typical market range of RM 257K to RM 413K.

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

The median PSF stands at RM 394, with core pricing between RM 353 and RM 435. Market pricing typically extends from RM 353.00 to RM 434.00, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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MUTIARA PERDANA, Barat Daya, Penang

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