Taman Mutiara
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Tembikai
|
RM 2,000,000
|
RM 265
|
7,556 sqft
|
|
3-Sty Shop |
|
Level 1
|
RM 47,000
|
RM 94
|
500 sqft
|
|
Flat |
|
Level 2
|
RM 80,000
|
RM 146
|
549 sqft
|
|
LC Flat |
|
Level 4
|
RM 86,000
|
RM 163
|
527 sqft
|
|
LC Flat |
|
Medan Keranji 1
|
RM 633,000
|
RM 387
|
1,636 sqft
|
|
2-Sty Terrace |
|
Lorong Tanah Aman 4
|
RM 2,500,000
|
RM 225
|
11,087 sqft
|
|
Bungalow |
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Market Snapshot
RM 86,000
RM 163 psfMedian transaction price
RM 2,000,000
RM 265 psfMedian transaction price
Taman Mutiara, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 194.
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 360K, with most transactions falling within a stable range of RM 47K to RM 1.35 million, and a typical market range of RM 66K to RM 653K.
Most transactions involved shop unit/retail lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 194, though individual units vary from RM 99 to RM 289 in the core range. The broader market spans RM 55.02 to RM 333.52, indicating diverse property characteristics. A wider spread (IQR: RM 278.50) and deviation (MAD: RM 95) 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.