TAMAN MUTIARA

TAMAN MUTIARA in Seberang Perai Tengah, Penang recorded 3 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 829.

This area contains both residential and commercial properties. View 12 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.20 million, with most transactions falling within a stable range of RM 750K to RM 1.72 million, and a typical market range of RM 899K to RM 1.50 million.

Within the 3-Storey Shop category, shop unit/retail lot dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 829, though individual units vary from RM 616 to RM 1,042 in the core range. The broader market spans RM 711.25 to RM 946.75, indicating diverse property characteristics. A wider spread (IQR: RM 235.50) and deviation (MAD: RM 213) indicate significant PSF variations, likely due to diverse property types or conditions.

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.