Area Intelligence

MUTIARA PERDANA

31 properties
Low-Cost Flat
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Median Price
RM 174,000
PSF: RM 323

Residential Market

Median Price

RM 174,000

IQR: RM 76
MAD: RM 39
RM 323 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 31 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 174K and a median price per square foot (PSF) of RM 323.

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 174K, with most transactions falling within a stable range of RM 154K to RM 194K, and a typical market range of RM 135K to RM 210K.

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

The median PSF stands at RM 323, with core pricing between RM 285 and RM 361. Market pricing typically extends from RM 283.50 to RM 362.50, reflecting moderate variation in unit pricing. With an IQR of RM 79.00 and MAD of RM 38, 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.

Area Location

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MUTIARA PERDANA, Barat Daya, Penang

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Transactions

31 properties grouped by size

550 sqft
31 units (showing 6) Low-Cost Flat
RM 181,000
538 sqft · RM 336.00 PSF
Oct 2024
RM 200,000
538 sqft · RM 372.00 PSF
Sep 2024
RM 160,000
538 sqft · RM 297.00 PSF
Mar 2024
RM 210,000
538 sqft · RM 390.00 PSF
Jan 2024
RM 165,000
538 sqft · RM 307.00 PSF
Jan 2024
RM 180,000
527 sqft · RM 341.00 PSF
Dec 2023