DESA MUTIARA II (TAMAN MUTIARA INDAH)
Residential Market
Median Price
RM 340,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
21 properties
Median Price
RM 280,000
-8.4% CAGR
Median PSF
RM 400.00
-8.4% CAGR
Double Storey Terraced
6 properties
Median Price
RM 1,105,000
-4.4% CAGR
Median PSF
RM 588.50
+33.1% CAGR
Detached
1 properties
Median Price
RM 3,500,000
Median PSF
RM 413.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Flat | 21 |
RM 280,000
±20K MAD
|
-8.43% |
RM 400.00
±29 MAD
|
-8.44% | |
| Double Storey Terraced | 6 |
RM 1,105,000
±25K MAD
|
-4.42% |
RM 588.50
±84 MAD
|
+33.07% | |
| Detached | 1 |
RM 3,500,000
|
- |
RM 413.00
|
- |
DESA MUTIARA II (TAMAN MUTIARA INDAH) in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 471.
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 340K, with most transactions falling within a stable range of RM 258K to RM 1.17 million, and a typical market range of RM 258K to RM 456K.
Most transactions involved flats, though some variety exists in the market.
Price per square foot shows a median of RM 471, though individual units vary from RM 337 to RM 604 in the core range. The broader market spans RM 414.63 to RM 526.38, indicating diverse property characteristics. A wider spread (IQR: RM 111.75) and deviation (MAD: RM 133) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
14 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Dec 2022
|
||
|
RM 258,000
|
RM 369.00
|
700 sqft
|
Nov 2022
|
||
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Oct 2022
|
||
|
RM 290,000
|
RM 414.00
|
700 sqft
|
Aug 2022
|
||
|
RM 320,000
|
RM 457.00
|
700 sqft
|
Aug 2022
|
||
|
RM 328,000
|
RM 469.00
|
700 sqft
|
Jul 2022
|
||
|
RM 350,000
|
RM 500.00
|
700 sqft
|
Jul 2022
|
||
|
RM 330,000
|
RM 472.00
|
700 sqft
|
May 2022
|
|
CANGKAT BKT GAMBIR 2
|
RM 1,180,000
|
RM 843.00
|
1,399 sqft
|
Oct 2022
|
|
|
CHANGKAT BUKIT GAMBIER 2
|
RM 940,000
|
RM 672.00
|
1,399 sqft
|
Jun 2022
|
|
CANGKAT BKT GAMBIR
|
RM 1,080,000
|
RM 702.00
|
1,539 sqft
|
Jul 2022
|
|
|
CANGKAT BUKIT GAMBIER 1
|
RM 980,000
|
RM 637.00
|
1,539 sqft
|
Jun 2022
|
|
CANGKAT BUKIT GAMBIR 2
|
RM 1,300,000
|
RM 474.00
|
2,745 sqft
|
Jul 2022
|
|
CHANGKAT BUKIT GAMBIR
|
RM 3,500,000
|
RM 413.00
|
8,482 sqft
|
Mar 2022
|