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 288K to RM 360K, and a typical market range of RM 299K to RM 355K.
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 385.63 to RM 458.38, reflecting moderate variation in unit pricing. With an IQR of RM 72.75 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.
