TAMAN MUTIARA

Area Intelligence
2024
Median Price
RM 359,500
PSF: RM 189

Residential PSF Trends

Median Price

RM 86,000

PSF: RM 163

Commercial PSF Trends

Median Price

RM 2,000,000

RM 829 PSF

TAMAN 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 189.

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 360K, with most transactions falling within a stable range of RM 342K to RM 86K, and a typical market range of RM 58K to RM 86K.

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

The median PSF stands at RM 189, with core pricing between RM 160 and RM 218. Market pricing typically extends from RM 71.25 to RM 306.75, reflecting moderate variation in unit pricing. The spread of RM 235.50 (IQR) and deviation of RM 29 (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

3 transactions grouped by size

500 sqft
Flat
RM 47,000
Level 1
500 sqft · RM 94 PSF
550 sqft
Low-Cost Flat
RM 80,000
Level 2
549 sqft · RM 146 PSF
RM 86,000
Level 4
527 sqft · RM 163 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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