MUTIARA PERDANA in Barat Daya, Penang recorded 5 subsale transactions in 2021, with a median price of RM 190K and a median price per square foot (PSF) of RM 353.
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 190K, with most transactions falling within a stable range of RM 334K to RM 223K, and a typical market range of RM 334K to RM 268K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
For price per square foot, the median is RM 353, with most transactions between RM 351 and RM 355. The usual range is RM 312.50 to RM 393.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 2, 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.
