Area Intelligence

ARA MUTIARA

8 properties
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Median Price
RM 588,000
PSF: RM 347

Residential Market

Median Price

RM 473,000

IQR: RM 18
RM 341 PSF 10.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 588,000

IQR: RM 106
RM 459 PSF 23.1%

PSF Trends (2021-2025)

ARA MUTIARA in Seberang Perai Utara, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 588K and a median price per square foot (PSF) of RM 347.

This area contains both residential and commercial properties. View 3 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 588K, with most transactions falling within a stable range of RM 510K to RM 667K, and a typical market range of RM 525K to RM 651K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 347, with core pricing between RM 301 and RM 394. Market pricing typically extends from RM 283.50 to RM 410.50, reflecting moderate variation in unit pricing. With an IQR of RM 127.00 and MAD of RM 47, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ARA MUTIARA, Seberang Perai Utara, Penang

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Transactions

8 properties found

Double Storey Shop OFF JALAN ARA KUDA
RM 630,000
1,787 sqft Apr 2024
RM 353.00 PSF
Double Storey Terraced ARA MUTIARA
RM 423,000
1,389 sqft Jan 2024
RM 305.00 PSF
Double Storey Terraced ARA MUTIARA
RM 473,000
1,389 sqft Nov 2023
RM 341.00 PSF
Double Storey Shop OFF JALAN ARA KUDA
RM 588,000
1,281 sqft Oct 2023
RM 459.00 PSF
Double Storey Shop OFF JALAN ARA KUDA
RM 780,000
2,637 sqft Oct 2023
RM 296.00 PSF
Double Storey Shop OFF JALAN ARA KUDA
RM 588,000
1,281 sqft Sep 2023
RM 459.00 PSF
Double Storey Terraced ARA MUTIARA
RM 473,000
1,389 sqft Sep 2023
RM 341.00 PSF
Double Storey Shop OFF JALAN ARA KUDA
RM 588,000
1,281 sqft Aug 2023
RM 459.00 PSF