TAMAN MUTIARA

Area Intelligence
2022
Median Price
RM 224,000
PSF: RM 196

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 grouped by size

500 sqft
Flat
RM 38,000
Level 2
500 sqft · RM 76 PSF
RM 40,000
Level 2
516 sqft · RM 78 PSF
1,200 sqft
4-Storey Shop
RM 988,000
JALAN PADANG LALLANG
1,206 sqft · RM 820 PSF
1,300 sqft
Double Storey Terraced
RM 408,000
JALAN CEMPEDAK
1,302 sqft · RM 313 PSF

No Properties For Sale

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

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