DESA MUTIARA II (TAMAN MUTIARA INDAH)

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 6 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 1.11 million and a median price per square foot (PSF) of RM 655.

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 1.11 million, with most transactions falling within a stable range of RM 984K to RM 1.23 million, and a typical market range of RM 989K to RM 1.22 million.

Within the Double Storey Terraced category, flats dominated the market, though some variety exists in the market.

The median PSF stands at RM 655, with core pricing between RM 531 and RM 778. Market pricing typically extends from RM 598.63 to RM 710.38, reflecting moderate variation in unit pricing. The spread of RM 111.75 (IQR) and deviation of RM 124 (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.