MEDAN MUTIARA Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 302,500
CAGR
+0.7%
Median PSF
RM 432.50
CAGR
+0.7%
Transactions
6
Period
2022-2024

PROPERTY TYPES OVERVIEW

MEDAN MUTIARA in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 303K and a median price per square foot (PSF) of RM 433.

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 303K, with most transactions falling within a stable range of RM 296K to RM 310K, and a typical market range of RM 295K to RM 314K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 433, with most transactions between RM 423 and RM 443. The usual range is RM 415.88 to RM 449.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.25 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

6 found
Flat
RM 300,000
PSF: RM 429.00
Area: 700 sqft
Date: Mar 2024
Flat
RM 325,000
PSF: RM 465.00
Area: 700 sqft
Date: Jul 2023
Flat
RM 330,000
PSF: RM 472.00
Area: 700 sqft
Date: May 2023
Flat
RM 305,000
PSF: RM 436.00
Area: 700 sqft
Date: Oct 2022
Flat
RM 296,000
PSF: RM 423.00
Area: 700 sqft
Date: Sep 2022
Flat
RM 295,000
PSF: RM 422.00
Area: 700 sqft
Date: Feb 2022