| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 300,000
|
RM 429
|
700 sqft
|
|
|
|
Level 8
|
RM 258,000
|
RM 369
|
700 sqft
|
|
|
|
Level 5
|
RM 300,000
|
RM 429
|
700 sqft
|
|
|
|
Level 10
|
RM 290,000
|
RM 414
|
700 sqft
|
|
|
|
Level G
|
RM 320,000
|
RM 457
|
700 sqft
|
|
|
|
Level 3
|
RM 328,000
|
RM 469
|
700 sqft
|
|
|
|
Level 9
|
RM 350,000
|
RM 500
|
700 sqft
|
|
|
|
Level 1
|
RM 330,000
|
RM 472
|
700 sqft
|
|
|
Changkat Bukit Gambier 2
|
RM 940,000
|
RM 628
|
1,496 sqft
|
|
|
Cangkat Bkt Gambir 2
|
RM 1,180,000
|
RM 767
|
1,539 sqft
|
|
|
Cangkat Bkt Gambir
|
RM 1,080,000
|
RM 656
|
1,647 sqft
|
|
|
|
Cangkat Bukit Gambir 2
|
RM 1,300,000
|
RM 789
|
1,647 sqft
|
|
|
|
Cangkat Bukit Gambier 1
|
RM 980,000
|
RM 595
|
1,647 sqft
|
|
|
Changkat Bukit Gambir
|
RM 3,500,000
|
RM 413
|
8,482 sqft
|
|
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Market Snapshot
ResidentialRM 340,000
RM 470 psfMedian transaction price
Cangkat Bukit Gambir, MUTIARA INDAH, 11700 Gelugor, Pulau Pinang, Malaysia
MapsDesa 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 470.
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 470, though individual units vary from RM 339 to RM 601 in the core range. The broader market spans RM 414.37 to RM 526.12, indicating diverse property characteristics. A wider spread (IQR: RM 111.75) and deviation (MAD: RM 131) 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.