KONDOMINIUM MUTIARA

KONDOMINIUM MUTIARA in Seberang Perai Tengah, Penang recorded 32 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 328.

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 240K, with most transactions falling within a stable range of RM 216K to RM 264K, and a typical market range of RM 225K to RM 255K.

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

For price per square foot, the median is RM 328, with most transactions between RM 301 and RM 355. The usual range is RM 299.50 to RM 356.50, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 27, 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. Moderate transaction volume may require patience when buying or selling.