TAMAN VILLA MUTIARA INDAH

TAMAN VILLA MUTIARA INDAH in Seberang Perai Selatan, Penang recorded 15 subsale transactions in 2022, with a median price of RM 630K and a median price per square foot (PSF) of RM 264.

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 630K, with most transactions falling within a stable range of RM 550K to RM 710K, and a typical market range of RM 556K to RM 704K.

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

The median PSF stands at RM 264, with core pricing between RM 238 and RM 291. Market pricing typically extends from RM 238.00 to RM 290.00, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 27, 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.