Penang
Seberang Perai Selatan
15
TAMAN VILLA MUTIARA

TAMAN VILLA MUTIARA

Area Intelligence

2024

Median Price

RM 567,500

PSF: RM 351

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Residential PSF Trends

Median Price

RM 567,500

PSF: RM 351

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 568K and a median price per square foot (PSF) of RM 351.

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 568K, with most transactions falling within a stable range of RM 535K to RM 600K, and a typical market range of RM 535K to RM 600K.

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

The median PSF stands at RM 351, with core pricing between RM 289 and RM 413. Market pricing typically extends from RM 309.50 to RM 392.50, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 62 (MAD) suggest moderate price variations reflecting different property features.

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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TAMAN VILLA MUTIARA, Seberang Perai Selatan, Penang

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