MUTIARA IDAMAN

MUTIARA IDAMAN in Timur Laut, Penang recorded 24 subsale transactions in 2023, with a median price of RM 265K and a median price per square foot (PSF) of RM 427.

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 265K, with most transactions falling within a stable range of RM 227K to RM 303K, and a typical market range of RM 227K to RM 303K.

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

The median PSF stands at RM 427, with core pricing between RM 380 and RM 474. Market pricing typically extends from RM 378.50 to RM 475.50, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 47, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.