TAMAN MUTIARA

Area Intelligence

2022

Median Price

RM 224,000

PSF: RM 196

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Residential PSF Trends

Median Price

RM 40,000

PSF: RM 78

Commercial PSF Trends

Median Price

RM 988,000

RM 820 PSF

TAMAN MUTIARA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 224K and a median price per square foot (PSF) of RM 196.

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 224K, with most transactions falling within a stable range of RM 38K to RM 612K, and a typical market range of RM 38K to RM 525K.

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

Price per square foot shows a median of RM 196, though individual units vary from RM 0 to RM 499 in the core range. The broader market spans RM 77.75 to RM 313.25, indicating diverse property characteristics. A wider spread (IQR: RM 235.50) and deviation (MAD: RM 303) 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

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Transactions

4 transactions found

Popular Ranges

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

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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

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RM 408,000

JALAN CEMPEDAK

1,302 sqft • RM 313.00 PSF

Oct 2022

RM 38,000

Level 2

500 sqft • RM 76.00 PSF

Jun 2022

RM 40,000

Level 2

516 sqft • RM 78.00 PSF

Mar 2022

RM 988,000

JALAN PADANG LALLANG

1,206 sqft • RM 820.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
JALAN CEMPEDAK	RM 408,000	RM 313.00	1,302 sqft	Oct 2022	Double Storey Terraced
Level 2	RM 38,000	RM 76.00	500 sqft	Jun 2022	Flat
Level 2	RM 40,000	RM 78.00	516 sqft	Mar 2022	Flat
JALAN PADANG LALLANG	RM 988,000	RM 820.00	1,206 sqft	Jan 2022	4-Storey Shop