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 548K to RM 526K, and a typical market range of RM 548K 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 288 and RM 364. Market pricing typically extends from RM 291.00 to RM 361.00, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 38, 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. Moderate transaction volume may require patience when buying or selling.
