TAMAN VILLA MUTIARA

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2022, with a median price of RM 510K and a median price per square foot (PSF) of RM 283.

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 510K, with most transactions falling within a stable range of RM 446K to RM 574K, and a typical market range of RM 448K to RM 571K.

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

The median PSF stands at RM 283, with core pricing between RM 249 and RM 318. Market pricing typically extends from RM 241.50 to RM 324.50, reflecting moderate variation in unit pricing. With an IQR of RM 83.00 and MAD of RM 35, 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.