Taman Mutiara
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Padang Lallang
|
RM 1,200,000
|
RM 366
|
3,283 sqft
|
|
3-Sty Shop |
|
Level 2
|
RM 60,000
|
RM 116
|
516 sqft
|
|
Shop |
|
Level 3
|
RM 60,000
|
RM 116
|
516 sqft
|
|
Shop |
|
Level 3
|
RM 78,000
|
RM 151
|
516 sqft
|
|
Shop |
|
Jalan Tembikai
|
RM 500,000
|
RM 308
|
1,625 sqft
|
|
2-Sty Shop |
|
Jalan Tembikai
|
RM 690,000
|
RM 316
|
2,185 sqft
|
|
2-Sty Shop |
|
Level 1
|
RM 58,000
|
RM 116
|
500 sqft
|
|
Flat |
|
Jalan Tembikai
|
RM 750,000
|
RM 187
|
4,015 sqft
|
|
3-Sty Shop |
|
Medan Keranji
|
RM 412,000
|
RM 252
|
1,636 sqft
|
|
2-Sty Terrace |
|
Level 3
|
RM 40,000
|
RM 81
|
495 sqft
|
|
Shop |
|
Level 3
|
RM 40,000
|
RM 77
|
517 sqft
|
|
Shop |
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Market Snapshot
RM 235,000
RM 184 psfMedian transaction price
RM 78,000
RM 151 psfMedian transaction price
Taman Mutiara, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Mutiara in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2023, with a median price of RM 78K and a median price per square foot (PSF) of RM 151.
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 78K, with most transactions falling within a stable range of RM 40K to RM 453K, and a typical market range of RM 40K to RM 372K.
Most transactions involved shop unit/retail lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 151, though individual units vary from RM 53 to RM 250 in the core range. The broader market spans RM 11.91 to RM 290.41, indicating diverse property characteristics. A wider spread (IQR: RM 278.50) and deviation (MAD: RM 99) 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.