Mutiara Perdana
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 190,000
|
RM 353
|
538 sqft
|
|
|
|
Level 8
|
RM 144,000
|
RM 268
|
538 sqft
|
|
|
|
Level 5
|
RM 150,000
|
RM 279
|
538 sqft
|
|
Auction Properties
2 auction properties in Mutiara Perdana
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Market Snapshot
ResidentialRM 190,000
RM 353 psfMedian transaction price
Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia
MapsMutiara 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 73 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 144K to RM 294K, and a typical market range of RM 144K to RM 267K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 353, with core pricing between RM 289 and RM 417. Market pricing typically extends from RM 305.66 to RM 400.41, reflecting moderate variation in unit pricing. The spread of RM 94.75 (IQR) and deviation of RM 64 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.