Taman Mutiara
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Cempedak
|
RM 408,000
|
RM 249
|
1,636 sqft
|
|
2-Sty Terrace |
|
Level 2
|
RM 38,000
|
RM 76
|
500 sqft
|
|
Flat |
|
Level 2
|
RM 40,000
|
RM 78
|
516 sqft
|
|
Flat |
|
Jalan Padang Lallang
|
RM 988,000
|
RM 215
|
4,596 sqft
|
|
4-Sty Shop |
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Market Snapshot
RM 40,000
RM 78 psfMedian transaction price
RM 988,000
RM 215 psfMedian transaction price
Taman Mutiara, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 146.
This area contains both residential and commercial properties. View 15 residential properties or 13 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 518K.
Most transactions involved shop unit/retail lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 146, though individual units vary from RM 68 to RM 225 in the core range. The broader market spans RM 6.99 to RM 285.49, indicating diverse property characteristics. A wider spread (IQR: RM 278.50) and deviation (MAD: RM 79) 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.