TAMAN VILLA MUTIARA INDAH

TAMAN VILLA MUTIARA INDAH in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2023, with a median price of RM 657K and a median price per square foot (PSF) of RM 231.

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 RM 657K, with most transactions falling within a stable range of RM 582K to RM 731K, and a typical market range of RM 587K to RM 727K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 231, with core pricing between RM 186 and RM 275. Market pricing typically extends from RM 205.25 to RM 255.75, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.