ARA MUTIARA
Residential Market
Median Price
RM 473,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 588,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
5 properties
Median Price
RM 609,000
+7.1% CAGR
Median PSF
RM 406.00
-23.1% CAGR
Double Storey Terraced
3 properties
Median Price
RM 448,000
-10.6% CAGR
Median PSF
RM 323.00
-10.6% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 5 |
RM 609,000
±21K MAD
|
+7.14% |
RM 406.00
±53 MAD
|
-23.09% | |
Double Storey Terraced | 3 |
RM 448,000
±25K MAD
|
-10.57% |
RM 323.00
±18 MAD
|
-10.56% |
ARA MUTIARA in Seberang Perai Utara, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 588K and a median price per square foot (PSF) of RM 347.
This area contains both residential and commercial properties. View 3 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 588K, with most transactions falling within a stable range of RM 510K to RM 667K, and a typical market range of RM 525K to RM 651K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 347, with core pricing between RM 301 and RM 394. Market pricing typically extends from RM 283.50 to RM 410.50, reflecting moderate variation in unit pricing. With an IQR of RM 127.00 and MAD of RM 47, 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.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
OFF JALAN ARA KUDA
|
RM 588,000
|
RM 459.00
|
1,281 sqft
|
Oct 2023
|
|
OFF JALAN ARA KUDA
|
RM 588,000
|
RM 459.00
|
1,281 sqft
|
Sep 2023
|
|
OFF JALAN ARA KUDA
|
RM 588,000
|
RM 459.00
|
1,281 sqft
|
Aug 2023
|
ARA MUTIARA
|
RM 423,000
|
RM 305.00
|
1,389 sqft
|
Jan 2024
|
|
ARA MUTIARA
|
RM 473,000
|
RM 341.00
|
1,389 sqft
|
Nov 2023
|
|
ARA MUTIARA
|
RM 473,000
|
RM 341.00
|
1,389 sqft
|
Sep 2023
|
OFF JALAN ARA KUDA
|
RM 630,000
|
RM 353.00
|
1,787 sqft
|
Apr 2024
|
OFF JALAN ARA KUDA
|
RM 780,000
|
RM 296.00
|
2,637 sqft
|
Oct 2023
|