Penang
Seberang Perai Selatan
15
TAMAN VILLA MUTIARA

TAMAN VILLA MUTIARA

Area Intelligence

2024

Median Price

RM 600,000

PSF: RM 301

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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 301

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 301.

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 600K, with most transactions falling within a stable range of RM 535K to RM 852K, and a typical market range of RM 540K to RM 660K.

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

The median PSF stands at RM 301, with core pricing between RM 261 and RM 341. Market pricing typically extends from RM 259.73 to RM 342.73, reflecting moderate variation in unit pricing. With an IQR of RM 83.00 and MAD of RM 40, 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.

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TAMAN VILLA MUTIARA, Seberang Perai Selatan, Penang

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