ARA MUTIARA
Residential Market
Median Price
RM 423,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 630,000
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 2 subsale transactions in 2024, with a median price of RM 527K and a median price per square foot (PSF) of RM 329.
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 527K, with most transactions falling within a stable range of RM 423K to RM 630K, and a typical market range of RM 464K to RM 589K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 329, with most transactions between RM 305 and RM 353. The usual range is RM 265.50 to RM 392.50, showing that most units are priced quite close to each other. With an IQR of RM 127.00 and MAD of RM 24, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
ARA MUTIARA
|
RM 423,000
|
RM 305.00
|
1,389 sqft
|
Jan 2024
|
OFF JALAN ARA KUDA
|
RM 630,000
|
RM 353.00
|
1,787 sqft
|
Apr 2024
|