KONDOMINIUM MUTIARA

KONDOMINIUM MUTIARA in Seberang Perai Tengah, Penang recorded 19 subsale transactions in 2021, with a median price of RM 220K 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 220K, with most transactions falling within a stable range of RM 197K to RM 243K, and a typical market range of RM 205K to RM 235K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 289, with core pricing between RM 258 and RM 320. Market pricing typically extends from RM 260.50 to RM 317.50, reflecting moderate variation in unit pricing. With an IQR of RM 57.00 and MAD of RM 31, 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.