TAMAN ARA MUTIARA
Residential Market
Median Price
RM 532,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 680,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
37 properties
Median Price
RM 502,750
+12.6% CAGR
Median PSF
RM 300.25
-15.8% CAGR
Double Storey Shop
3 properties
Median Price
RM 680,000
Median PSF
RM 355.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 37 |
RM 502,750
±30K MAD
|
+12.58% |
RM 300.25
±26 MAD
|
-15.80% | |
Double Storey Shop | 3 |
RM 680,000
|
- |
RM 355.00
|
- |
TAMAN ARA MUTIARA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 618K and a median price per square foot (PSF) of RM 355.
This area contains both residential and commercial properties. View 37 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 618K, with most transactions falling within a stable range of RM 542K to RM 680K, and a typical market range of RM 553K to RM 680K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 355, though individual units vary from RM 268 to RM 442 in the core range. The broader market spans RM 320.00 to RM 390.00, indicating diverse property characteristics. The spread of RM 70.00 (IQR) and deviation of RM 87 (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.
Filter by type, year, price, and size
Transactions
5 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
OFF JALAN ARA KUDA
|
RM 618,000
|
RM 482.00
|
1,281 sqft
|
Sep 2024
|
JALAN ARA KUDA
|
RM 473,000
|
RM 341.00
|
1,389 sqft
|
May 2024
|
OFF JALAN ARA KUDA
|
RM 680,000
|
RM 355.00
|
1,916 sqft
|
Aug 2024
|
|
OFF JALAN ARA KUDA
|
RM 680,000
|
RM 355.00
|
1,916 sqft
|
Aug 2024
|
JALAN ARA KUDA
|
RM 592,000
|
RM 208.00
|
2,842 sqft
|
Sep 2024
|