| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 380,000
|
RM 609
|
624 sqft
|
|
|
|
Level 6
|
RM 250,000
|
RM 400
|
624 sqft
|
|
|
|
Level 8
|
RM 320,000
|
RM 513
|
624 sqft
|
|
|
|
Level 10
|
RM 230,000
|
RM 368
|
624 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 419 psfMedian transaction price
Mutiara Idaman, Jelutong, 11600 Jelutong, Pulau Pinang, Malaysia
MapsMutiara Idaman in Timur Laut, Penang recorded 5 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 250K and a median price per square foot (PSF) of RM 419.
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 250K, with most transactions falling within a stable range of RM 230K to RM 309K, and a typical market range of RM 230K to RM 288K.
Within the Low-Cost Flat category, flats dominated the market, with minimal variety in property types.
Price per square foot shows a median of RM 419, though individual units vary from RM 331 to RM 507 in the core range. The broader market spans RM 370.47 to RM 467.47, indicating diverse property characteristics. The spread of RM 97.00 (IQR) and deviation of RM 88 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.