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

DESA MUTIARA II (TAMAN MUTIARA INDAH)

Area Intelligence

2022

Median Price

RM 1,030,000

PSF: RM 687

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 1,030,000

PSF: RM 687

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 4 subsale transactions in 2022, 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 940K to RM 1.12 million, and a typical market range of RM 940K to RM 1.15 million.

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

The median PSF stands at RM 687, with core pricing between RM 609 and RM 765. Market pricing typically extends from RM 631.13 to RM 742.88, reflecting moderate variation in unit pricing. With an IQR of RM 111.75 and MAD of RM 78, 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.

Loading map...

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

OSM