Setia Pulau Mutiara in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM1.48 million and a median price per square foot (PSF) of RM578.

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 RM1.48 million, with most transactions falling within a stable range of RM884K to RM1.51 million, and a typical market range of RM853K to RM1.51 million.

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

The median PSF stands at RM578, with core pricing between RM466 and RM689. Market pricing typically extends from RM418.47 to RM736.97, reflecting moderate variation in unit pricing. The spread of RM318.50 (IQR) and deviation of RM111 (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.