MUTIARA PERDANA

MUTIARA PERDANA in Barat Daya, Penang recorded 20 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 341.

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 240K, with most transactions falling within a stable range of RM 170K to RM 314K, and a typical market range of RM 170K to RM 320K.

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

The median PSF stands at RM 341, with core pricing between RM 284 and RM 398. Market pricing typically extends from RM 301.50 to RM 380.50, reflecting moderate variation in unit pricing. The spread of RM 79.00 (IQR) and deviation of RM 57 (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.