Area Intelligence

TAMAN PANCUR MUTIARA

6 properties
2024
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Median Price
RM 510,000
PSF: RM 245

Residential Market

Median Price

RM 510,000

IQR: RM 142
MAD: RM 60
RM 245 PSF 2.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PANCUR MUTIARA in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2024, with a median price of RM 510K and a median price per square foot (PSF) of RM 245.

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 188K to RM 832K, and a typical market range of RM 459K to RM 561K.

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

Price per square foot shows a median of RM 245, though individual units vary from RM 172 to RM 317 in the core range. The broader market spans RM 173.75 to RM 315.25, indicating diverse property characteristics. A wider spread (IQR: RM 141.50) and deviation (MAD: RM 73) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PANCUR MUTIARA, Seberang Perai Selatan, Penang

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Transactions

6 properties grouped by size

650 sqft
1 units Town House
RM 155,000
657 sqft · RM 236.00 PSF
Sep 2024
750 sqft
1 units Town House
RM 180,000
732 sqft · RM 246.00 PSF
Oct 2024
1,300 sqft
1 units Double Storey Terraced
RM 560,000
LORONG PANCUR MUTIARA 6
1,292 sqft · RM 434.00 PSF
Apr 2024
1,400 sqft
1 units Double Storey Terraced
RM 460,000
LORONG PANCUR MUTIARA 2
1,389 sqft · RM 331.00 PSF
Nov 2024
3,900 sqft
2 units Detached
RM 950,000
LORONG PANCUR MUTIARA 1
3,907 sqft · RM 243.00 PSF
Jan 2024
RM 950,000
LORONG PANCUR MUTIARA 1
3,907 sqft · RM 243.00 PSF
Jan 2024

Auction Properties

1 auction properties in TAMAN PANCUR MUTIARA