| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 238,000
|
RM 340
|
700 sqft
|
|
|
|
Level 2
|
RM 270,000
|
RM 386
|
700 sqft
|
|
|
|
Level 7
|
RM 248,000
|
RM 354
|
700 sqft
|
|
|
|
Level 10
|
RM 310,000
|
RM 443
|
700 sqft
|
|
|
|
Level 9
|
RM 290,000
|
RM 414
|
700 sqft
|
|
|
|
Level 9
|
RM 265,000
|
RM 381
|
696 sqft
|
|
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Market Snapshot
ResidentialRM 271,500
RM 388 psfMedian transaction price
Cangkat Bukit Gambir, MUTIARA INDAH, 11700 Gelugor, Pulau Pinang, Malaysia
MapsDesa Mutiara Ii (Taman Mutiara Indah) in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 272K and a median price per square foot (PSF) of RM 388.
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 272K, with most transactions falling within a stable range of RM 238K to RM 312K, and a typical market range of RM 238K to RM 360K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 388, with core pricing between RM 330 and RM 447. Market pricing typically extends from RM 332.18 to RM 443.93, reflecting moderate variation in unit pricing. The spread of RM 111.75 (IQR) and deviation of RM 58 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.