Penang
Timur Laut
13
DESA MUTIARA II (TAMAN MUTIARA INDAH)

DESA MUTIARA II (TAMAN MUTIARA INDAH)

Area Intelligence

2022

Median Price

RM 310,000

PSF: RM 443

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 310,000

PSF: RM 443

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 310K and a median price per square foot (PSF) of RM 443.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 310K, with most transactions falling within a stable range of RM 283K to RM 337K, and a typical market range of RM 258K to RM 350K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 443, with most transactions between RM 405 and RM 481. The usual range is RM 387.13 to RM 498.88, showing that most units are priced quite close to each other. With an IQR of RM 111.75 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

DESA MUTIARA II (TAMAN MUTIARA INDAH), Timur Laut, Penang

OSM

Track location

Transactions

8 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 300,000

Level 2

700 sqft • RM 429.00 PSF

Dec 2022

RM 258,000

Level 8

700 sqft • RM 369.00 PSF

Nov 2022

RM 300,000

Level 5

700 sqft • RM 429.00 PSF

Oct 2022

RM 290,000

Level 10

700 sqft • RM 414.00 PSF

Aug 2022

RM 320,000

Level G

700 sqft • RM 457.00 PSF

Aug 2022

RM 328,000

Level 3

700 sqft • RM 469.00 PSF

Jul 2022

RM 350,000

Level 9

700 sqft • RM 500.00 PSF

Jul 2022

RM 330,000

Level 1

700 sqft • RM 472.00 PSF

May 2022

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 300,000	RM 429.00	700 sqft	Dec 2022	Flat
Level 8	RM 258,000	RM 369.00	700 sqft	Nov 2022	Flat
Level 5	RM 300,000	RM 429.00	700 sqft	Oct 2022	Flat
Level 10	RM 290,000	RM 414.00	700 sqft	Aug 2022	Flat
Level G	RM 320,000	RM 457.00	700 sqft	Aug 2022	Flat
Level 3	RM 328,000	RM 469.00	700 sqft	Jul 2022	Flat
Level 9	RM 350,000	RM 500.00	700 sqft	Jul 2022	Flat
Level 1	RM 330,000	RM 472.00	700 sqft	May 2022	Flat