TAMAN VILLA MUTIARA

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 460K and a median price per square foot (PSF) of RM 310.

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 460K, with most transactions falling within a stable range of RM 450K to RM 477K, and a typical market range of RM 450K to RM 490K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 310, with most transactions between RM 282 and RM 338. The usual range is RM 268.50 to RM 351.50, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.