TAMAN VILLA MUTIARA INDAH in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 500K and a median price per square foot (PSF) of RM 348.
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 500K, with most transactions falling within a stable range of RM 499K to RM 500K, and a typical market range of RM 498K to RM 500K.
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 348, with most transactions between RM 348 and RM 349. The usual range is RM 322.00 to RM 374.00, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 1, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.