Penang
Barat Daya
12
SETIA PULAU MUTIARA

SETIA PULAU MUTIARA

Area Intelligence

2023

Median Price

RM 1,000,000

PSF: RM 700

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Residential PSF Trends

Median Price

RM 1,000,000

PSF: RM 700

SETIA PULAU MUTIARA in Barat Daya, Penang recorded 17 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 700.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.00 million, with most transactions falling within a stable range of RM 980K to RM 1.00 million, and a typical market range of RM 945K to RM 1.00 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 700, with most transactions between RM 685 and RM 715. The usual range is RM 541.63 to RM 858.38, showing that most units are priced quite close to each other. With an IQR of RM 316.75 and MAD of RM 15, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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SETIA PULAU MUTIARA, Barat Daya, Penang

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 1,000,000

JALAN NURI 7

1,399 sqft · RM 715 PSF

Oct 2023

RM 980,000

JALAN NURI 5

1,399 sqft · RM 700 PSF

Aug 2023

RM 945,000

JALAN NURI 9

1,399 sqft · RM 675 PSF

Jun 2023

RM 985,000

JALAN NURI 5

1,399 sqft · RM 704 PSF

Apr 2023

RM 1,000,000

PERSIARAN NURI 1

1,399 sqft · RM 715 PSF

Jan 2023

JALAN NURI 7	RM 1,000,000	RM 715	1,399 sqft	Oct 2023
JALAN NURI 5	RM 980,000	RM 700	1,399 sqft	Aug 2023
JALAN NURI 9	RM 945,000	RM 675	1,399 sqft	Jun 2023
JALAN NURI 5	RM 985,000	RM 704	1,399 sqft	Apr 2023
PERSIARAN NURI 1	RM 1,000,000	RM 715	1,399 sqft	Jan 2023