MUTIARA HEIGHTS

Area Intelligence
17 subsale transactions
2023
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Median Price
RM 327,000
PSF: RM 422

Residential PSF Trends

Median Price

RM 331,000

PSF: RM 427

Commercial PSF Trends

Median Price

RM 218,000

RM 307 PSF

MUTIARA HEIGHTS in Timur Laut, Penang recorded 17 subsale transactions in 2023, with a median price of RM 327K and a median price per square foot (PSF) of RM 422.

This area contains both residential and commercial properties. View 45 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 327K, with most transactions falling within a stable range of RM 288K to RM 360K, and a typical market range of RM 298K to RM 356K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 422, with core pricing between RM 376 and RM 468. Market pricing typically extends from RM 383.88 to RM 460.13, reflecting moderate variation in unit pricing. With an IQR of RM 76.25 and MAD of RM 46, 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.

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MUTIARA HEIGHTS, Timur Laut, Penang

OSM

Transactions

17 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
700 sqft
Shop/Retail Lot
RM 218,000
Level 1
710 sqft · RM 307.00 PSF
May 2023
800 sqft
Flat
RM 360,000
Level 18
775 sqft · RM 465.00 PSF
Sep 2023
RM 360,000
Level 22
775 sqft · RM 465.00 PSF
Aug 2023
RM 340,000
Level 22
775 sqft · RM 439.00 PSF
Aug 2023
RM 360,000
Level 17
775 sqft · RM 465.00 PSF
Aug 2023
RM 360,000
Level 13
775 sqft · RM 465.00 PSF
Aug 2023
RM 310,000
Level 11
775 sqft · RM 400.00 PSF
Aug 2023