Setia Pulau Mutiara

PULAU PINANG PULAU MUTIARA, 11000 Balik Pulau, Penang, Malaysia

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Market Snapshot

Residential

RM980,000

RM643 psf

Median transaction price

Setia Pulau Mutiara
© OpenStreetMap · CARTO

PULAU PINANG PULAU MUTIARA, 11000 Balik Pulau, Penang, Malaysia

Maps

Setia Pulau Mutiara in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2026, sized between 2,125 and 2,174 sqft, with a median price of RM980K and a median price per square foot (PSF) of RM643.

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 RM980K, with most transactions falling within a stable range of RM300K to RM1.66 million, and a typical market range of RM353K to RM1.61 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM643, though individual units vary from RM486 to RM800 in the core range. The broader market spans RM483.75 to RM802.25, indicating diverse property characteristics. The spread of RM318.50 (IQR) and deviation of RM157 (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.