DESA MUTIARA II (TAMAN MUTIARA INDAH)

Area Intelligence
2022
Median Price
RM 340,000
PSF: RM 471

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 258K to RM 1.17 million, and a typical market range of RM 258K to RM 456K.

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

Price per square foot shows a median of RM 471, though individual units vary from RM 337 to RM 604 in the core range. The broader market spans RM 414.63 to RM 526.38, indicating diverse property characteristics. A wider spread (IQR: RM 111.75) and deviation (MAD: RM 133) indicate significant PSF variations, likely due to diverse property types or conditions.

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

14 transactions grouped by size

700 sqft
Flat
RM 300,000
Level 2
700 sqft · RM 429 PSF
RM 258,000
Level 8
700 sqft · RM 369 PSF
RM 300,000
Level 5
700 sqft · RM 429 PSF
RM 290,000
Level 10
700 sqft · RM 414 PSF
RM 320,000
Level G
700 sqft · RM 457 PSF
RM 328,000
Level 3
700 sqft · RM 469 PSF
RM 350,000
Level 9
700 sqft · RM 500 PSF
RM 330,000
Level 1
700 sqft · RM 472 PSF
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
8,500 sqft
Bungalow
RM 3,500,000
CHANGKAT BUKIT GAMBIR
8,482 sqft · RM 413 PSF

No Properties For Sale

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

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