Area Intelligence

DESA MUTIARA II (TAMAN MUTIARA INDAH)

1 properties
2021
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Median Price
RM 1,130,000
PSF: RM 505

Residential Market

Median Price

RM 1,130,000

IQR: RM 112
MAD: RM 54
RM 505 PSF 8.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 1.13 million and a median price per square foot (PSF) of RM 505.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 505, with most transactions between RM 505 and RM 505. The usual range is RM 449.13 to RM 560.88, showing that most units are priced quite close to each other. With an IQR of RM 111.75 and MAD of RM 0, 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.

Area Location

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

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Transactions

1 properties grouped by size

2,250 sqft
1 units Double Storey Terraced
RM 1,130,000
CANGKAT BUKIT GAMBIER
2,239 sqft · RM 505.00 PSF
May 2021