TAMAN VILLA MUTIARA INDAH in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2023, with a median price of RM 657K and a median price per square foot (PSF) of RM 231.
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 657K, with most transactions falling within a stable range of RM 577K to RM 737K, and a typical market range of RM 583K to RM 730K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 231, with core pricing between RM 204 and RM 257. Market pricing typically extends from RM 204.50 to RM 256.50, 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.