MUTIARA IDAMAN

MUTIARA IDAMAN in Timur Laut, Penang recorded 15 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 481.

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 300K, with most transactions falling within a stable range of RM 244K to RM 356K, and a typical market range of RM 262K to RM 338K.

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

The median PSF stands at RM 481, with core pricing between RM 409 and RM 553. Market pricing typically extends from RM 432.50 to RM 529.50, reflecting moderate variation in unit pricing. The spread of RM 97.00 (IQR) and deviation of RM 72 (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.