| 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
|
|
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Market Snapshot
ResidentialRM 259,000
RM 370 psfMedian transaction price
Cangkat Bukit Gambir, MUTIARA INDAH, 11700 Gelugor, Pulau Pinang, Malaysia
MapsDesa Mutiara Ii (Taman Mutiara Indah) in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 259K and a median price per square foot (PSF) of RM 370.
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 259K, with most transactions falling within a stable range of RM 238K to RM 287K, and a typical market range of RM 238K to RM 310K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 370, with core pricing between RM 331 and RM 410. Market pricing typically extends from RM 314.32 to RM 426.07, reflecting moderate variation in unit pricing. With an IQR of RM 111.75 and MAD of RM 40, 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. Limited transaction history suggests carefully evaluating comparable sales data.