Area Intelligence

ARA MUTIARA

3 properties
Double Storey Terraced
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Median Price
RM 473,000
PSF: RM 341

Residential Market

Median Price

RM 473,000

IQR: RM 18
RM 341 PSF 10.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 588,000

IQR: RM 106
RM 459 PSF 23.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ARA MUTIARA in Seberang Perai Utara, Penang recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 473K and a median price per square foot (PSF) of RM 341.

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 473K, with most transactions falling within a stable range of RM 449K to RM 473K, and a typical market range of RM 423K to RM 473K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 341, with most transactions between RM 324 and RM 358. The usual range is RM 277.50 to RM 404.50, showing that most units are priced quite close to each other. With an IQR of RM 127.00 and MAD of RM 17, 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.

Area Location

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ARA MUTIARA, Seberang Perai Utara, Penang

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Transactions

3 properties grouped by size

1,400 sqft
3 units Double Storey Terraced
RM 423,000
ARA MUTIARA
1,389 sqft · RM 305.00 PSF
Jan 2024
RM 473,000
ARA MUTIARA
1,389 sqft · RM 341.00 PSF
Nov 2023
RM 473,000
ARA MUTIARA
1,389 sqft · RM 341.00 PSF
Sep 2023