Mutiara Perdana

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size

Median
RM335,000
PSF
RM393
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM181,000
Level 9
538 sqft · RM336 PSF
RM200,000
Level 16
538 sqft · RM372 PSF
RM160,000
Level 5
538 sqft · RM297 PSF
RM165,000
Level 12
538 sqft · RM307 PSF
RM210,000
Level 15
538 sqft · RM390 PSF
800 sqft
Flat
RM320,000
Level 1
775 sqft · RM413 PSF
RM350,000
Level 3
775 sqft · RM452 PSF
RM360,000
Level 1
775 sqft · RM465 PSF
RM420,000
Level 1
775 sqft · RM542 PSF
RM410,000
Level 1
775 sqft · RM529 PSF
950 sqft
Flat
RM360,000
Level 4
958 sqft · RM376 PSF
RM380,000
Level 4
958 sqft · RM397 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM335,000

RM393 psf

Median transaction price

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Mutiara Perdana, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Mutiara Perdana in Barat Daya, Penang recorded 12 subsale transactions in 2024, with a median price of RM335K and a median price per square foot (PSF) of RM393.

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 RM335K, with most transactions falling within a stable range of RM238K to RM420K, and a typical market range of RM259K to RM412K.

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

The median PSF stands at RM393, with core pricing between RM318 and RM469. Market pricing typically extends from RM346.06 to RM440.81, reflecting moderate variation in unit pricing. The spread of RM94.75 (IQR) and deviation of RM75 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.