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

DESA MUTIARA II (TAMAN MUTIARA INDAH)

Area Intelligence

2022

Median Price

RM 340,000

PSF: RM 471

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 471

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 471.

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 340K, with most transactions falling within a stable range of RM 323K to RM 300K, and a typical market range of RM 258K to RM 300K.

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

For price per square foot, the median is RM 471, with most transactions between RM 446 and RM 495. The usual range is RM 414.63 to RM 526.38, showing that most units are priced quite close to each other. With an IQR of RM 111.75 and MAD of RM 25, 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.

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

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Transactions

4 transactions grouped by size

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)

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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)

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 300,000

Level 2

700 sqft · RM 429 PSF

Dec 2022

RM 258,000

Level 8

700 sqft · RM 369 PSF

Nov 2022

RM 300,000

Level 5

700 sqft · RM 429 PSF

Oct 2022

RM 290,000

Level 10

700 sqft · RM 414 PSF

Aug 2022

Level 2	RM 300,000	RM 429	700 sqft	Dec 2022
Level 8	RM 258,000	RM 369	700 sqft	Nov 2022
Level 5	RM 300,000	RM 429	700 sqft	Oct 2022
Level 10	RM 290,000	RM 414	700 sqft	Aug 2022