Area Intelligence

MUTIARA PERDANA

12 properties
2024
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Median Price
RM 335,000
PSF: RM 394

Residential Market

Median Price

RM 335,000

IQR: RM 76
MAD: RM 39
RM 394 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 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 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 335K, with most transactions falling within a stable range of RM 238K to RM 420K, and a typical market range of RM 255K to RM 415K.

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 318 and RM 469. Market pricing typically extends from RM 354.00 to RM 433.00, reflecting moderate variation in unit pricing. The spread of RM 79.00 (IQR) and deviation of RM 75 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MUTIARA PERDANA, Barat Daya, Penang

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Transactions

12 properties grouped by size

550 sqft
5 units 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 165,000
538 sqft · RM 307.00 PSF
Jan 2024
RM 210,000
538 sqft · RM 390.00 PSF
Jan 2024
800 sqft
5 units Flat
RM 320,000
775 sqft · RM 413.00 PSF
Sep 2024
RM 350,000
775 sqft · RM 452.00 PSF
Jul 2024
RM 360,000
775 sqft · RM 465.00 PSF
May 2024
RM 420,000
775 sqft · RM 542.00 PSF
May 2024
RM 410,000
775 sqft · RM 529.00 PSF
Apr 2024
950 sqft
2 units Flat
RM 360,000
958 sqft · RM 376.00 PSF
Jul 2024
RM 380,000
958 sqft · RM 397.00 PSF
Mar 2024