TAMAN MUTIARA

Area Intelligence
6 subsale transactions
2024
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Median Price
RM 359,500
PSF: RM 189

Residential PSF Trends

Median Price

RM 86,000

PSF: RM 163

Commercial PSF Trends

Median Price

RM 2,000,000

RM 829 PSF

TAMAN MUTIARA in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 189.

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 360K, with most transactions falling within a stable range of RM 47K to RM 1.35 million, and a typical market range of RM 58K to RM 661K.

Most transactions involved shop unit/retail lot, with high diversity across multiple property types.

Price per square foot shows a median of RM 189, though individual units vary from RM 0 to RM 439 in the core range. The broader market spans RM 71.25 to RM 306.75, indicating diverse property characteristics. A wider spread (IQR: RM 235.50) and deviation (MAD: RM 250) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MUTIARA, Seberang Perai Tengah, Penang

OSM

Transactions

6 transactions grouped by size

500 sqft
Flat
RM 47,000
Level 1
500 sqft · RM 94.00 PSF
Oct 2024
550 sqft
Low-Cost Flat
RM 80,000
Level 2
549 sqft · RM 146.00 PSF
Oct 2024
RM 86,000
Level 4
527 sqft · RM 163.00 PSF
Aug 2024
2,400 sqft
3-Storey Shop
RM 2,000,000
JALAN TEMBIKAI
2,411 sqft · RM 829.00 PSF
Oct 2024
2,950 sqft
Double Storey Terraced
RM 633,000
MEDAN KERANJI 1
2,949 sqft · RM 215.00 PSF
May 2024
11,100 sqft
Bungalow
RM 2,500,000
LORONG TANAH AMAN 4
11,087 sqft · RM 225.00 PSF
Apr 2024