DESA MUTIARA II (TAMAN MUTIARA INDAH)

Area Intelligence
2022
Median Price
RM 1,080,000
PSF: RM 672

Residential PSF Trends

Median Price

RM 1,080,000

PSF: RM 672

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 672.

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 1.08 million, with most transactions falling within a stable range of RM 948K to RM 1.21 million, and a typical market range of RM 964K to RM 1.20 million.

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

The median PSF stands at RM 672, with core pricing between RM 553 and RM 791. Market pricing typically extends from RM 616.13 to RM 727.88, reflecting moderate variation in unit pricing. The spread of RM 111.75 (IQR) and deviation of RM 119 (MAD) suggest moderate price variations reflecting different property features.

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.

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

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Transactions

5 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 1,180,000
CANGKAT BKT GAMBIR 2
1,399 sqft · RM 843 PSF
RM 940,000
CHANGKAT BUKIT GAMBIER 2
1,399 sqft · RM 672 PSF
1,550 sqft
Double Storey Terraced
RM 1,080,000
CANGKAT BKT GAMBIR
1,539 sqft · RM 702 PSF
RM 980,000
CANGKAT BUKIT GAMBIER 1
1,539 sqft · RM 637 PSF
2,750 sqft
Double Storey Terraced
RM 1,300,000
CANGKAT BUKIT GAMBIR 2
2,745 sqft · RM 474 PSF

No Properties For Sale

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

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