DESA MUTIARA II (TAMAN MUTIARA INDAH) Property Investment Analysis
DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 28 subsale transactions between 2021 and 2025, with a median price of RM 324K and a median price per square foot (PSF) of RM 450.
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 324K, with most transactions falling within a stable range of RM 272K to RM 377K, and a typical market range of RM 238K to RM 440K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 450, with core pricing between RM 396 and RM 504. Market pricing typically extends from RM 394.13 to RM 505.88, reflecting moderate variation in unit pricing. With an IQR of RM 111.75 and MAD of RM 54, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 238,000
|
RM 340.00
|
700 sqft
|
Mar 2025
|
Flat |
|
RM 248,000
|
RM 354.00
|
700 sqft
|
Aug 2024
|
Flat |
|
RM 270,000
|
RM 386.00
|
700 sqft
|
Aug 2024
|
Flat |
|
RM 310,000
|
RM 443.00
|
700 sqft
|
Jul 2024
|
Flat |
|
RM 290,000
|
RM 414.00
|
700 sqft
|
Dec 2023
|
Flat |
|
RM 265,000
|
RM 381.00
|
696 sqft
|
Nov 2023
|
Flat |
|
RM 270,000
|
RM 386.00
|
700 sqft
|
Oct 2023
|
Flat |
|
RM 255,000
|
RM 364.00
|
700 sqft
|
Sep 2023
|
Flat |
|
RM 352,000
|
RM 503.00
|
700 sqft
|
Sep 2023
|
Flat |
|
RM 350,000
|
RM 500.00
|
700 sqft
|
Aug 2023
|
Flat |
|
RM 273,000
|
RM 390.00
|
700 sqft
|
Aug 2023
|
Flat |
|
RM 360,000
|
RM 515.00
|
700 sqft
|
Aug 2023
|
Flat |
|
RM 335,000
|
RM 479.00
|
700 sqft
|
Jan 2023
|
Flat |
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Dec 2022
|
Flat |
|
RM 258,000
|
RM 369.00
|
700 sqft
|
Nov 2022
|
Flat |
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Oct 2022
|
2 - 2 1/2 Storey Terraced |
CANGKAT BKT GAMBIR 2
|
RM 1,180,000
|
RM 843.00
|
1,399 sqft
|
Oct 2022
|
Flat |
|
RM 320,000
|
RM 457.00
|
700 sqft
|
Aug 2022
|
Flat |
|
RM 290,000
|
RM 414.00
|
700 sqft
|
Aug 2022
|
2 - 2 1/2 Storey Terraced |
CANGKAT BKT GAMBIR
|
RM 1,080,000
|
RM 702.00
|
1,539 sqft
|
Jul 2022
|
Flat |
|
RM 350,000
|
RM 500.00
|
700 sqft
|
Jul 2022
|
Flat |
|
RM 328,000
|
RM 469.00
|
700 sqft
|
Jul 2022
|
2 - 2 1/2 Storey Terraced |
CANGKAT BUKIT GAMBIR 2
|
RM 1,300,000
|
RM 474.00
|
2,745 sqft
|
Jul 2022
|
2 - 2 1/2 Storey Terraced |
CHANGKAT BUKIT GAMBIER 2
|
RM 940,000
|
RM 672.00
|
1,399 sqft
|
Jun 2022
|
2 - 2 1/2 Storey Terraced |
CANGKAT BUKIT GAMBIER 1
|
RM 980,000
|
RM 637.00
|
1,539 sqft
|
Jun 2022
|
Flat |
|
RM 330,000
|
RM 472.00
|
700 sqft
|
May 2022
|
Detached |
CHANGKAT BUKIT GAMBIR
|
RM 3,500,000
|
RM 413.00
|
8,482 sqft
|
Mar 2022
|
2 - 2 1/2 Storey Terraced |
CANGKAT BUKIT GAMBIER
|
RM 1,130,000
|
RM 505.00
|
2,239 sqft
|
May 2021
|