MUTIARA VILLA

MUTIARA VILLA in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 899K and a median price per square foot (PSF) of RM 564.

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 899K, with most transactions falling within a stable range of RM 870K to RM 955K, and a typical market range of RM 870K to RM 950K.

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

For price per square foot, the median is RM 564, with most transactions between RM 529 and RM 599. The usual range is RM 532.00 to RM 596.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 35, 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.