ARA MUTIARA

ARA MUTIARA in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2023, with a median price of RM 588K and a median price per square foot (PSF) of RM 400.

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 485K to RM 691K, 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 400, with core pricing between RM 332 and RM 468. Market pricing typically extends from RM 336.50 to RM 463.50, reflecting moderate variation in unit pricing. The spread of RM 127.00 (IQR) and deviation of RM 68 (MAD) suggest moderate price variations reflecting different property features.

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.