TAMAN ARA MUTIARA

Area Intelligence
2024
Median Price
RM 649,000
PSF: RM 355

Residential PSF Trends

Median Price

RM 473,000

PSF: RM 341

Commercial PSF Trends

Median Price

RM 680,000

RM 355 PSF

TAMAN ARA MUTIARA in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 649K and a median price per square foot (PSF) of RM 355.

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 649K, with most transactions falling within a stable range of RM 564K to RM 680K, and a typical market range of RM 584K to RM 680K.

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

The median PSF stands at RM 355, with core pricing between RM 298 and RM 412. Market pricing typically extends from RM 320.00 to RM 390.00, reflecting moderate variation in unit pricing. The spread of RM 70.00 (IQR) and deviation of RM 57 (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. 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.

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TAMAN ARA MUTIARA, Seberang Perai Utara, Penang

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Transactions

4 transactions grouped by size

1,300 sqft
Double Storey Shop
RM 618,000
OFF JALAN ARA KUDA
1,281 sqft · RM 482 PSF
1,400 sqft
Double Storey Terraced
RM 473,000
JALAN ARA KUDA
1,389 sqft · RM 341 PSF
1,900 sqft
Double Storey Shop
RM 680,000
OFF JALAN ARA KUDA
1,916 sqft · RM 355 PSF
RM 680,000
OFF JALAN ARA KUDA
1,916 sqft · RM 355 PSF

No Properties For Sale

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

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