Area Intelligence

TAMAN VILLA MUTIARA

8 properties
2022
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Median Price
RM 509,500
PSF: RM 283

Residential Market

Median Price

RM 509,500

IQR: RM 83
MAD: RM 35
RM 283 PSF 2.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2022, with a median price of RM 510K and a median price per square foot (PSF) of RM 283.

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 510K, with most transactions falling within a stable range of RM 445K to RM 576K, and a typical market range of RM 448K to RM 571K.

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

Price per square foot shows a median of RM 283, though individual units vary from RM 218 to RM 348 in the core range. The broader market spans RM 241.50 to RM 324.50, indicating diverse property characteristics. The spread of RM 83.00 (IQR) and deviation of RM 65 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN VILLA MUTIARA, Seberang Perai Selatan, Penang

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Transactions

8 properties grouped by size

1,450 sqft
4 units Double Storey Terraced
RM 445,000
JLN VILLA MUTIARA
1,453 sqft · RM 306.00 PSF
Dec 2022
RM 499,000
JALAN VILLA MUTIARA
1,453 sqft · RM 343.00 PSF
Aug 2022
RM 495,000
JLN VILLA MUTIARA 8
1,453 sqft · RM 341.00 PSF
Apr 2022
RM 480,000
LRG VILLA MUTIARA 7
1,453 sqft · RM 330.00 PSF
Apr 2022
2,250 sqft
1 units Double Storey Terraced
RM 588,000
LORONG VILLA MUTIARA 10
2,260 sqft · RM 260.00 PSF
Jan 2022
2,700 sqft
1 units Double Storey Terraced
RM 520,000
JALAN VILLA MUTIARA
2,723 sqft · RM 191.00 PSF
Sep 2022
2,800 sqft
1 units Double Storey Semi-D
RM 610,000
LORONG VILLA MUTIARA 5
2,809 sqft · RM 217.00 PSF
Jun 2022
3,700 sqft
1 units Double Storey Semi-D
RM 650,000
LORONG VILLA MUTIARA 6
3,724 sqft · RM 175.00 PSF
Dec 2022