TAMAN VILLA MUTIARA

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 341.

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 550K, with most transactions falling within a stable range of RM 477K to RM 623K, and a typical market range of RM 489K to RM 611K.

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

The median PSF stands at RM 341, with core pricing between RM 289 and RM 393. Market pricing typically extends from RM 299.50 to RM 382.50, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 52 (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.