Area Intelligence

TAMAN VILLA MUTIARA

9 properties
2023
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Median Price
RM 550,000
PSF: RM 341

Residential Market

Median Price

RM 550,000

IQR: RM 83
MAD: RM 35
RM 341 PSF 2.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 341.

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 550K, with most transactions falling within a stable range of RM 477K to RM 623K, and a typical market range of RM 489K to RM 611K.

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

The median PSF stands at RM 341, with core pricing between RM 289 and RM 393. Market pricing typically extends from RM 299.50 to RM 382.50, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 52 (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. 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.

Area Location

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TAMAN VILLA MUTIARA, Seberang Perai Selatan, Penang

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Transactions

9 properties grouped by size

1,450 sqft
6 units Double Storey Terraced
RM 630,000
JALAN VILLA MUTIARA
1,453 sqft · RM 434.00 PSF
Nov 2023
RM 450,000
LRG VILLA MUTIARA 10
1,453 sqft · RM 310.00 PSF
Jun 2023
RM 495,000
JALAN VILLA MUTIARA
1,453 sqft · RM 341.00 PSF
May 2023
RM 520,000
LORONG VILLA MUTIARA 10
1,453 sqft · RM 358.00 PSF
Apr 2023
RM 550,000
LORONG VILLA MUTIARA 11
1,453 sqft · RM 378.00 PSF
Apr 2023
RM 430,000
LRG VILLA MUTIARA 10
1,453 sqft · RM 296.00 PSF
Jan 2023
1,750 sqft
1 units Double Storey Terraced
RM 620,000
LORONG VILLA MUTIARA 9
1,755 sqft · RM 353.00 PSF
Jun 2023
2,000 sqft
1 units Double Storey Terraced
RM 640,000
JALAN VILLA MUTIARA
1,991 sqft · RM 321.00 PSF
Nov 2023
2,350 sqft
1 units Double Storey Terraced
RM 560,000
LRG VILLA MUTIARA 1
2,336 sqft · RM 240.00 PSF
Mar 2023