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Posts about Desa Mutiara Ii (Taman Mutiara Indah)
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Market Snapshot
ResidentialRM 238,000
RM 340 psfMedian transaction price
Cangkat Bukit Gambir, MUTIARA INDAH, 11700 Gelugor, Pulau Pinang, Malaysia
MapsDesa Mutiara Ii (Taman Mutiara Indah) in Timur Laut, Penang recorded 1 subsale transactions in 2025, with a median price of RM 238K and a median price per square foot (PSF) of RM 340.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 340, with most transactions between RM 340 and RM 340. The usual range is RM 284.30 to RM 396.05, showing that most units are priced quite close to each other. With an IQR of RM 111.75 and MAD of RM 0, 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.