MUTIARA VILLA

MUTIARA VILLA in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 928K and a median price per square foot (PSF) of RM 583.

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 928K, with most transactions falling within a stable range of RM 868K to RM 988K, and a typical market range of RM 878K to RM 979K.

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

For price per square foot, the median is RM 583, with most transactions between RM 545 and RM 621. The usual range is RM 551.00 to RM 615.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 38, 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.