TAMAN ARA MUTIARA

Area Intelligence
2023
Median Price
RM 473,000
PSF: RM 326

Residential PSF Trends

Median Price

RM 473,000

PSF: RM 326

Commercial PSF Trends

Median Price

RM 680,000

RM 355 PSF

TAMAN ARA MUTIARA in Seberang Perai Utara, Penang recorded 35 subsale transactions in 2023, with a median price of RM 473K and a median price per square foot (PSF) of RM 326.

This area contains both residential and commercial properties. View 37 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 473K, with most transactions falling within a stable range of RM 425K to RM 552K, and a typical market range of RM 425K to RM 538K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 326, with core pricing between RM 270 and RM 382. Market pricing typically extends from RM 291.00 to RM 361.00, reflecting moderate variation in unit pricing. The spread of RM 70.00 (IQR) and deviation of RM 56 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN ARA MUTIARA, Seberang Perai Utara, Penang

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Transactions

11 transactions grouped by size

2,050 sqft
Double Storey Terraced
RM 563,000
JALAN ARA KUDA
2,034 sqft · RM 277 PSF
2,100 sqft
Double Storey Terraced
RM 568,000
ARA MUTIARA
2,099 sqft · RM 271 PSF
RM 568,000
ARA MUTIARA
2,099 sqft · RM 271 PSF
RM 548,000
JALAN DESA ARA
2,099 sqft · RM 261 PSF
2,600 sqft
Double Storey Terraced
RM 610,000
JALAN DESA ARA
2,583 sqft · RM 236 PSF
2,850 sqft
Double Storey Terraced
RM 598,000
JALAN DESA ARA
2,842 sqft · RM 210 PSF
3,100 sqft
Double Storey Terraced
RM 641,000
JALAN ARA KUDA
3,100 sqft · RM 207 PSF
3,350 sqft
Double Storey Terraced
RM 650,000
JALAN ARA KUDA
3,348 sqft · RM 194 PSF
RM 618,000
JALAN ARA KUDA
3,358 sqft · RM 184 PSF
3,750 sqft
Double Storey Terraced
RM 692,000
JALAN ARA KUDA
3,746 sqft · RM 185 PSF
4,200 sqft
Double Storey Terraced
RM 719,000
ARA MUTIARA
4,209 sqft · RM 171 PSF

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

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