TAMAN MUTIARA

Area Intelligence

2023

Median Price

RM 59,000

PSF: RM 116

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Residential PSF Trends

Median Price

RM 58,000

PSF: RM 116

Commercial PSF Trends

Median Price

RM 60,000

RM 116 PSF

TAMAN MUTIARA in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 59K and a median price per square foot (PSF) of RM 116.

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 59K, with most transactions falling within a stable range of RM 46K to RM 72K, and a typical market range of RM 40K to RM 78K.

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

Price per square foot shows a median of RM 116, though individual units vary from RM 91 to RM 141 in the core range. The broader market spans RM 0.00 to RM 233.75, indicating diverse property characteristics. The spread of RM 235.50 (IQR) and deviation of RM 25 (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. 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

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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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RM 60,000

Level 2

516 sqft • RM 116.00 PSF

Nov 2023

RM 60,000

Level 3

516 sqft • RM 116.00 PSF

Nov 2023

RM 78,000

Level 3

516 sqft • RM 151.00 PSF

Sep 2023

RM 58,000

Level 1

500 sqft • RM 116.00 PSF

Jun 2023

RM 40,000

Level 3

495 sqft • RM 81.00 PSF

Jan 2023

RM 40,000

Level 3

517 sqft • RM 77.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 60,000	RM 116.00	516 sqft	Nov 2023	Shop/Retail Lot
Level 3	RM 60,000	RM 116.00	516 sqft	Nov 2023	Shop/Retail Lot
Level 3	RM 78,000	RM 151.00	516 sqft	Sep 2023	Shop/Retail Lot
Level 1	RM 58,000	RM 116.00	500 sqft	Jun 2023	Flat
Level 3	RM 40,000	RM 81.00	495 sqft	Jan 2023	Shop/Retail Lot
Level 3	RM 40,000	RM 77.00	517 sqft	Jan 2023	Shop/Retail Lot