DESA MUTIARA II (TAMAN MUTIARA INDAH)

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 687.

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 1.03 million, with most transactions falling within a stable range of RM 978K to RM 1.08 million, and a typical market range of RM 914K to RM 1.15 million.

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

For price per square foot, the median is RM 687, with most transactions between RM 633 and RM 741. The usual range is RM 631.13 to RM 742.88, showing that most units are priced quite close to each other. With an IQR of RM 111.75 and MAD of RM 54, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.