Penang
Seberang Perai Selatan
15
RESIDENSI VILLA MUTIARA

RESIDENSI VILLA MUTIARA

Area Intelligence

2023

Median Price

RM 560,000

PSF: RM 356

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Residential PSF Trends

Median Price

RM 560,000

PSF: RM 356

RESIDENSI VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 17 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 356.

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 560K, with most transactions falling within a stable range of RM 514K to RM 606K, and a typical market range of RM 494K to RM 626K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 356, with core pricing between RM 317 and RM 396. Market pricing typically extends from RM 300.25 to RM 411.75, reflecting moderate variation in unit pricing. With an IQR of RM 111.50 and MAD of RM 40, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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RESIDENSI VILLA MUTIARA, Seberang Perai Selatan, Penang

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