Mutiara Perdana

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

26 subsales grouped by size

Median
RM180,000
PSF
RM327
Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
Shop
RM280,000
Level G
495 sqft · RM565 PSF
RM200,000
Level 6
538 sqft · RM372 PSF
RM160,000
Level 9
538 sqft · RM297 PSF
RM170,000
Level 8
527 sqft · RM322 PSF
RM170,000
Level 5
538 sqft · RM316 PSF
RM170,000
Level 15
538 sqft · RM316 PSF
RM174,000
Level 8
538 sqft · RM323 PSF
+9 more
RM400,000
Level 1
775 sqft · RM516 PSF
RM373,000
Level 2
775 sqft · RM481 PSF
RM290,000
Level 1
775 sqft · RM374 PSF
RM302,000
Level 1
775 sqft · RM390 PSF
RM345,000
Level 3
775 sqft · RM445 PSF
RM330,000
Level 1
775 sqft · RM426 PSF
950 sqft
Flat
RM334,000
Level 3
958 sqft · RM349 PSF
RM280,000
Level 4
958 sqft · RM292 PSF
RM330,000
Level 4
958 sqft · RM344 PSF
RM300,000
Level 4
958 sqft · RM313 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM180,000

RM323 psf

Median transaction price

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Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Mutiara Perdana in Barat Daya, Penang recorded 26 subsale transactions in 2022, with a median price of RM180K and a median price per square foot (PSF) of RM327.

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 RM180K, with most transactions falling within a stable range of RM135K to RM264K, and a typical market range of RM135K to RM257K.

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

Price per square foot shows a median of RM327, though individual units vary from RM248 to RM406 in the core range. The broader market spans RM279.65 to RM374.40, indicating diverse property characteristics. The spread of RM94.75 (IQR) and deviation of RM79 (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. Moderate transaction volume may require patience when buying or selling.