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Penang, Timur Laut, Georgetown

MUTIARA PLACE

Area Intelligence
Median Price
RM 544,000
PSF: RM 477
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Residential PSF Trends

Median Price

RM 544,000

PSF: RM 477

MUTIARA PLACE in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 544K and a median price per square foot (PSF) of RM 477.

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 544K, with most transactions falling within a stable range of RM 536K to RM 552K, and a typical market range of RM 537K to RM 551K.

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

For price per square foot, the median is RM 477, with most transactions between RM 468 and RM 486. The usual range is RM 468.88 to RM 484.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.25 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.

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MUTIARA PLACE, Timur Laut, Penang

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Transactions

6 transactions grouped by size

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1,150 sqft
Condo/Apartment
RM 495,000
Level 16
1,130 sqft · RM 438 PSF
RM 540,000
Level 4
1,141 sqft · RM 473 PSF
RM 540,000
Level 17
1,141 sqft · RM 473 PSF
RM 560,000
Level 13
1,141 sqft · RM 491 PSF
RM 548,000
Level 7
1,141 sqft · RM 480 PSF
RM 556,000
Level 11
1,130 sqft · RM 492 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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