DESA MUTIARA II (TAMAN MUTIARA INDAH)

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 21 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 429.

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 300K, with most transactions falling within a stable range of RM 263K to RM 337K, and a typical market range of RM 238K to RM 360K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

The median PSF stands at RM 429, with core pricing between RM 376 and RM 482. Market pricing typically extends from RM 373.13 to RM 484.88, reflecting moderate variation in unit pricing. With an IQR of RM 111.75 and MAD of RM 53, 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.