Penang
Barat Daya
12
SETIA PULAU MUTIARA

SETIA PULAU MUTIARA

Area Intelligence

2023

Median Price

RM 250,000

PSF: RM 387

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 387

SETIA PULAU MUTIARA in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 387.

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 250K, with most transactions falling within a stable range of RM 228K to RM 272K, and a typical market range of RM 220K to RM 278K.

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 387, with most transactions between RM 353 and RM 421. The usual range is RM 228.63 to RM 545.38, showing that most units are priced quite close to each other. With an IQR of RM 316.75 and MAD of RM 34, 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

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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

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Road	Price	Land PSF	Land	Date	Type

650 sqft

Low-Cost Flat

650 sqft

Low-Cost Flat

RM 278,000

Level 9

646 sqft · RM 430 PSF

Aug 2023

RM 250,000

Level 6

646 sqft · RM 387 PSF

May 2023

RM 265,000

Level 9

646 sqft · RM 410 PSF

May 2023

RM 225,000

Level 4

646 sqft · RM 348 PSF

Apr 2023

RM 220,000

Level 2

646 sqft · RM 341 PSF

Mar 2023

Level 9	RM 278,000	RM 430	646 sqft	Aug 2023
Level 6	RM 250,000	RM 387	646 sqft	May 2023
Level 9	RM 265,000	RM 410	646 sqft	May 2023
Level 4	RM 225,000	RM 348	646 sqft	Apr 2023
Level 2	RM 220,000	RM 341	646 sqft	Mar 2023