SUNWAY MUTIARA

SUNWAY MUTIARA in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.16 million and a median price per square foot (PSF) of RM 552.

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 1.16 million, with most transactions falling within a stable range of RM 820K to RM 1.50 million, and a typical market range of RM 970K to RM 1.35 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM 552, with most transactions between RM 530 and RM 573. The usual range is RM 505.38 to RM 597.63, showing that most units are priced quite close to each other. With an IQR of RM 92.25 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.