Ara Mutiara

No 10, jalan ara mutiara 3, taman ara mutiara, 13220 Tasek Gelugor, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size · 2-Sty Shop →

Median
RM 526,500
PSF
RM 237
Price Size
1,750 sqft
2-Sty Terrace
RM 423,000
Ara Mutiara
1,744 sqft · RM 243 PSF
2,700 sqft
2-Sty Shop
RM 630,000
Off Jalan Ara Kuda
2,713 sqft · RM 232 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Commercial

RM 630,000

RM 232 psf

Median transaction price

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No 10, jalan ara mutiara 3, taman ara mutiara, 13220 Tasek Gelugor, Pulau Pinang, Malaysia

Maps

Ara Mutiara in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 527K and a median price per square foot (PSF) of RM 237.

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 527K, with most transactions falling within a stable range of RM 423K to RM 630K, and a typical market range of RM 464K to RM 589K.

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

For price per square foot, the median is RM 237, with most transactions between RM 232 and RM 243. The usual range is RM 173.92 to RM 300.92, showing that most units are priced quite close to each other. With an IQR of RM 127.00 and MAD of RM 5, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.