Penang
Seberang Perai Selatan
15
TAMAN VILLA MUTIARA

TAMAN VILLA MUTIARA

Area Intelligence

2022

Median Price

RM 599,000

PSF: RM 255

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Residential PSF Trends

Median Price

RM 599,000

PSF: RM 255

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, priced between RM 500K and RM 750K, with a median price of RM 599K and a median price per square foot (PSF) of RM 255.

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 599K, with most transactions falling within a stable range of RM 552K to RM 646K, and a typical market range of RM 539K to RM 650K.

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

Price per square foot shows a median of RM 255, though individual units vary from RM 193 to RM 316 in the core range. The broader market spans RM 213.46 to RM 296.46, indicating diverse property characteristics. The spread of RM 83.00 (IQR) and deviation of RM 61 (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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