Mutiara Perdana

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM190,000
PSF
RM353
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM190,000
Level 2
538 sqft · RM353 PSF
RM144,000
Level 8
538 sqft · RM268 PSF
RM150,000
Level 5
538 sqft · RM279 PSF
800 sqft
Flat
RM334,000
Level G
807 sqft · RM414 PSF
950 sqft
Flat
RM400,000
Level G
958 sqft · RM418 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM190,000

RM353 psf

Median transaction price

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Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Mutiara Perdana in Barat Daya, Penang recorded 5 subsale transactions in 2021, with a median price of RM190K and a median price per square foot (PSF) of RM353.

This area contains both residential and commercial properties. View 73 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 RM190K, with most transactions falling within a stable range of RM144K to RM294K, and a typical market range of RM144K to RM267K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM353, with core pricing between RM289 and RM417. Market pricing typically extends from RM305.66 to RM400.41, reflecting moderate variation in unit pricing. The spread of RM94.75 (IQR) and deviation of RM64 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.