Penang
Timur Laut
Jelutong
MUTIARA HEIGHTS

MUTIARA HEIGHTS

Area Intelligence

2023

Median Price

RM 327,000

PSF: RM 422

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Residential PSF Trends

Median Price

RM 331,000

PSF: RM 427

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 47 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 293K to RM 300K, and a typical market range of RM 299K to RM 300K.

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

For price per square foot, the median is RM 422, with most transactions between RM 388 and RM 456. The usual range is RM 385.63 to RM 458.38, showing that most units are priced quite close to each other. With an IQR of RM 72.75 and MAD of RM 34, 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

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