Area Intelligence

DESA MUTIARA II (TAMAN MUTIARA INDAH)

28 properties
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Median Price
RM 324,000
PSF: RM 450

Residential Market

Median Price

RM 324,000

IQR: RM 112
MAD: RM 54
RM 450 PSF 8.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 28 subsale transactions between 2021 and 2025, with a median price of RM 324K and a median price per square foot (PSF) of RM 450.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 324K, with most transactions falling within a stable range of RM 272K to RM 377K, and a typical market range of RM 238K to RM 440K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 450, with core pricing between RM 396 and RM 504. Market pricing typically extends from RM 394.13 to RM 505.88, reflecting moderate variation in unit pricing. With an IQR of RM 111.75 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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DESA MUTIARA II (TAMAN MUTIARA INDAH), Timur Laut, Penang

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Transactions

28 properties grouped by size

700 sqft
21 units (showing 6) Flat
RM 238,000
700 sqft · RM 340.00 PSF
Mar 2025
RM 270,000
700 sqft · RM 386.00 PSF
Aug 2024
RM 248,000
700 sqft · RM 354.00 PSF
Aug 2024
RM 310,000
700 sqft · RM 443.00 PSF
Jul 2024
RM 290,000
700 sqft · RM 414.00 PSF
Dec 2023
RM 265,000
696 sqft · RM 381.00 PSF
Nov 2023
1,400 sqft
2 units Double Storey Terraced
RM 1,180,000
CANGKAT BKT GAMBIR 2
1,399 sqft · RM 843.00 PSF
Oct 2022
RM 940,000
CHANGKAT BUKIT GAMBIER 2
1,399 sqft · RM 672.00 PSF
Jun 2022
1,550 sqft
2 units Double Storey Terraced
RM 1,080,000
CANGKAT BKT GAMBIR
1,539 sqft · RM 702.00 PSF
Jul 2022
RM 980,000
CANGKAT BUKIT GAMBIER 1
1,539 sqft · RM 637.00 PSF
Jun 2022
2,250 sqft
1 units Double Storey Terraced
RM 1,130,000
CANGKAT BUKIT GAMBIER
2,239 sqft · RM 505.00 PSF
May 2021
2,750 sqft
1 units Double Storey Terraced
RM 1,300,000
CANGKAT BUKIT GAMBIR 2
2,745 sqft · RM 474.00 PSF
Jul 2022
8,500 sqft
1 units Detached
RM 3,500,000
CHANGKAT BUKIT GAMBIR
8,482 sqft · RM 413.00 PSF
Mar 2022