Taman Pancur Mutiara
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Pancur Mutiara 8
|
RM 425,000
|
RM 267
|
1,593 sqft
|
|
|
|
Lorong Pancur Mutiara 4
|
RM 575,000
|
RM 361
|
1,593 sqft
|
|
|
Lorong Pancur Mutiara 2
|
RM 600,000
|
RM 283
|
2,120 sqft
|
|
|
|
Lorong Pancur Mutiara 2
|
RM 535,000
|
RM 252
|
2,120 sqft
|
|
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Market Snapshot
ResidentialRM 535,000
RM 267 psfMedian transaction price
Taman Pancur Mutiara, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Pancur Mutiara in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2022, with a median price of RM 535K and a median price per square foot (PSF) of RM 267.
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 535K, with most transactions falling within a stable range of RM 367K to RM 600K, and a typical market range of RM 479K to RM 591K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 267, with core pricing between RM 218 and RM 315. Market pricing typically extends from RM 196.28 to RM 337.28, reflecting moderate variation in unit pricing. The spread of RM 141.00 (IQR) and deviation of RM 49 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.