Mutiara Court Apartment

Jalan Delima, Taman Island Glades, 11700 Gelugor, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM 550,000

RM 425 psf

Median transaction price

Mutiara Court 3/Tkt Pangsapuri
© OpenStreetMap · CARTO

Mutiara Court Apartment, Jalan Delima, Taman Island Glades, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

Mutiara Court Apartment in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 425.

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 550K, with most transactions falling within a stable range of RM 505K to RM 595K, and a typical market range of RM 511K to RM 589K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 425, with most transactions between RM 393 and RM 457. The usual range is RM 383.25 to RM 466.75, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.