Area Intelligence

TAMAN VILLA MUTIARA

3 properties
2024
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Median Price
RM 600,000
PSF: RM 289

Residential Market

Median Price

RM 600,000

IQR: RM 83
MAD: RM 35
RM 289 PSF 2.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN VILLA MUTIARA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 289.

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 600K, with most transactions falling within a stable range of RM 535K to RM 852K, and a typical market range of RM 539K to RM 661K.

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 289, though individual units vary from RM 216 to RM 362 in the core range. The broader market spans RM 247.50 to RM 330.50, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 73) indicate significant PSF variations, likely due to diverse property types or conditions.

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

3 properties grouped by size

1,450 sqft
1 units Double Storey Terraced
RM 600,000
LORONG VILLA MUTIARA 11
1,453 sqft · RM 413.00 PSF
Feb 2024
1,850 sqft
1 units Double Storey Terraced
RM 535,000
LRG VILLA MUTIARA 11
1,851 sqft · RM 289.00 PSF
Aug 2024
4,550 sqft
1 units Detached
RM 1,100,000
LORONG VILLA MUTIARA 3
4,575 sqft · RM 240.00 PSF
Mar 2024