Area Intelligence

MUTIARA PERDANA

30 properties
Flat
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Median Price
RM 332,000
PSF: RM 388

Residential Market

Median Price

RM 332,000

IQR: RM 76
MAD: RM 39
RM 388 PSF 3.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 280,000

RM 565 PSF

PSF Trends (2021-2025)

MUTIARA PERDANA in Barat Daya, Penang recorded 30 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 332K and a median price per square foot (PSF) of RM 388.

This area contains both residential and commercial properties. View 62 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 332K, with most transactions falling within a stable range of RM 274K to RM 390K, and a typical market range of RM 252K to RM 412K.

Within the Flat category, low-cost flat dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 388, with core pricing between RM 314 and RM 461. Market pricing typically extends from RM 348.00 to RM 427.00, reflecting moderate variation in unit pricing. The spread of RM 79.00 (IQR) and deviation of RM 74 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

Area Location

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MUTIARA PERDANA, Barat Daya, Penang

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Transactions

30 properties grouped by size

550 sqft
2 units Flat
RM 180,000
538 sqft · RM 334.00 PSF
Oct 2023
RM 170,000
538 sqft · RM 316.00 PSF
Sep 2022
800 sqft
16 units (showing 6) Flat
RM 320,000
775 sqft · RM 413.00 PSF
Sep 2024
RM 350,000
775 sqft · RM 452.00 PSF
Jul 2024
RM 420,000
775 sqft · RM 542.00 PSF
May 2024
RM 360,000
775 sqft · RM 465.00 PSF
May 2024
RM 410,000
775 sqft · RM 529.00 PSF
Apr 2024
RM 295,000
807 sqft · RM 365.00 PSF
Aug 2023
950 sqft
11 units (showing 6) Flat
RM 360,000
958 sqft · RM 376.00 PSF
Jul 2024
RM 380,000
958 sqft · RM 397.00 PSF
Mar 2024
RM 305,000
958 sqft · RM 318.00 PSF
May 2023
RM 300,000
958 sqft · RM 313.00 PSF
May 2023
RM 350,000
958 sqft · RM 365.00 PSF
Mar 2023
RM 288,000
958 sqft · RM 301.00 PSF
Feb 2023
1,000 sqft
1 units Flat
RM 270,000
990 sqft · RM 273.00 PSF
Apr 2023